NYSE:RDDT

Reddit (RDDT) Stock Price, News & Analysis

48.77
+2.89 (+6.30%)
(As of 02:27 PM ET)
Today's Range
45.72
49.64
50-Day Range
N/A
52-Week Range
37.35
74.90
Volume
1.78 million shs
Average Volume
6.43 million shs
Market Capitalization
$7.75 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
RDDT stock logo

About Reddit Stock (NYSE:RDDT)

Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California.

RDDT Stock Price History

RDDT Stock News Headlines

Low Interest Rates Can Help These Commercial Banks Rally Higher
Every cycle brings new opportunities; now that the Federal Reserve (the Fed) is looking to cut interest rates in 2024, the market could be getting ready to shift in a new direction. Banking stocks could be the first to move, as they are tied to the financial pulse of the economy.
Low Interest Rates Can Help These Commercial Banks Rally Higher (RDDT)
Two banking stocks stood out as market favorites as lower interest rates could bring their valuations higher, overpaying for a good thing could be profitable
Elon’s New Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
Reddit (NYSE: RDDT)
Reddit (RDDT) to Release Quarterly Earnings on Tuesday
Reddit: Too Much Love
Elon’s New Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
3 Stocks to Buy to Invest Like Sam Altman
Reddit: Buy The Post-IPO Dip
Reddit: Moderators Vs. Monetization
Is IPO Stock Reddit a Buy Now?
Reddit (NYSE:RDDT) Trading Up 7.1%
Buy Reddit As It Retreats From IPO Hype
Reddit, Inc.'s (NYSE:RDDT) Quiet Period Will End on April 30th
Reddit, Inc. (RDDT)
Meme Stock Massacre: 3 Reddit Darlings on the Brink of Collapse
See More Headlines
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Company Calendar

Today
5/02/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Fax
N/A
Employees
2,013
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Market Cap
$7.39 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Steven Ladd Huffman (Age 39)
    Co-Founder, CEO, President & Director
    Comp: $1.14M
  • Mr. Andrew Vollero (Age 57)
    Chief Financial Officer
    Comp: $1.15M
  • Ms. Jennifer L. Wong (Age 48)
    Chief Operating Officer
    Comp: $1.1M
  • Ms. Michelle Reynolds
    Chief Accounting Officer
  • Dr. Christopher Slowe Ph.D. (Age 45)
    Chief Technology Officer
  • Mr. Fredrick Lee
    Chief Information Security Officer
  • Mr. Benjamin Lee (Age 56)
    Chief Legal Officer & Corporate Secretary
  • Ms. Roxy Young
    Chief Marketing & Consumer Experience Officer
  • Ms. Nellie Peshkov
    Chief People Officer
  • Mr. Justin Bassett
    Head of Rounding-Up

RDDT Stock Analysis - Frequently Asked Questions

Should I buy or sell Reddit stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reddit in the last year. There are currently 1 sell rating, 6 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RDDT shares.
View RDDT analyst ratings
or view top-rated stocks.

How have RDDT shares performed in 2024?

Reddit's stock was trading at 50.44 on January 1st, 2024. Since then, RDDT stock has decreased by 3.8% and is now trading at 48.52.
View the best growth stocks for 2024 here
.

When is Reddit's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our RDDT earnings forecast
.

How can I listen to Reddit's earnings call?

Reddit will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

What ETFs hold Reddit's stock?
When did Reddit IPO?

Reddit (RDDT) raised $748 million in an IPO on Thursday, March 21st 2024. The company issued 22,000,000 shares at a price of $34.00 per share.

When did Reddit's quiet period expire?

Reddit's quiet period expired on Tuesday, April 30th. Reddit had issued 22,000,000 shares in its initial public offering on March 21st. The total size of the offering was $748,000,000 based on an initial share price of $34.00. During Reddit's quiet period, underwriters and any insiders involved in the IPO were prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Who are Reddit's major shareholders?

Reddit's stock is owned by many different institutional and retail investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (0.03%), Commonwealth Equity Services LLC (0.01%), Seven Grand Managers LLC (0.01%), Congress Park Capital LLC (0.00%), Capstone Investment Advisors LLC (0.00%) and BNP Paribas Financial Markets (0.00%). Insiders that own company stock include Andrew Vollero, Christopher Brian Slowe, David C Habiger, Jennifer L Wong, Michelle Marie Reynolds and Steve Ladd Huffman.
View institutional ownership trends
.

How do I buy shares of Reddit?

Shares of RDDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RDDT) was last updated on 5/2/2024 by MarketBeat.com Staff

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