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The downgrade was driven by concerns over Reddit’s valuation, despite Loop Capital maintaining a price target of $75. Since its March IPO, Reddit’s stock has more than doubled, propelled by ...
Reddit stock tumbled Friday despite a first quarter earnings beat as investors worried about the company's daily active user growth and changes to Google's Search algorithm.
Reddit stock traded down 0.89% at $127.07 in the pre-market session. It is down about 22% year-to-date, although it has gained over 154% since listing in March last year. The stock has traded in a ...
Reddit, Inc.'s stock dip due to Google's AI-powered search creates a buying opportunity. Click here to read our update on ...
That doesn't mean that Reddit stock is necessarily a bad long-term buy, but investors may be looking at the valuation for X and having some concerns. The Motley Fool Stock Advisor analyst team ...
Shares of Reddit (RDDT) slipped Monday as Wells Fargo downgraded the stock amid concerns that Google's implementation of AI search features could hurt the social media company. Wells Fargo cut its ...
Some analysts have concerns about the company's reliance on Google to draw users to the site. CEO Steve Huffman made some planned sales of stock this week. Reddit's stock has performed extremely ...
Shares of Reddit (RDDT) jumped 7% yesterday after ... before beginning to peel back after its fourth-quarter earnings report. Concerns about tech stock overvaluation, AI’s long-term durability ...
Ever scrolled through endless cat videos or gotten lost in a rabbit hole of relationship advice at 2 AM? You’re not alone. Millions of people are doing exactly that on Reddit every single day ...
Reddit (RDDT) stock sank over 4% Friday despite a first ... Following Reddit's first quarter results, analysts also expressed concerns over the company's slowing daily active user growth.
Some, like Deutsche Bank analyst Benjamin Black, think concerns about Google and growth are more than priced in now with the stock down significantly since early February. Reddit still trades at ...