Reddit Stock Soars 14% Ahead of S&P 500 Inclusion Next Week
Reddit will join the S&P 500 on Tuesday, boosting its stock nearly 14% as index funds must buy shares. Inclusion follows strong Q2 earnings and consistent profitability since its 2024 IPO.
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Reddit will join the S&P 500 on Tuesday, boosting its stock nearly 14% as index funds must buy shares. Inclusion follows strong Q2 earnings and consistent profitability since its 2024 IPO.
Reddit (RDDT) will join the S&P 500 on Aug. 18, sending shares up 12% pre-market. Strong Q2 revenue growth (61% YoY) and AI-driven ad potential highlighted, though stock remains down 22% YTD amid gro…
Reddit (RDDT) will join the S&P 500 on Aug 18, replacing AvalonBay, boosting shares 11% after-hours on passive fund buying and strong Q2 earnings with 61% revenue growth.
Reddit crashed 20%+ despite beating EPS/revenue estimates and tripling profit, after CEO flagged 'choppy' search referrals tied to Google's Gemini AI eroding traffic. Retail sentiment split between v…
Reddit shares plunged 23% despite beating Q2 earnings estimates, as AI Overviews from Google appear to be reducing user engagement, particularly among valuable logged-in U.S. users, raising concerns …
Reddit shares fell 22% after Q1 earnings failed to reveal new AI data licensing deals, despite beating revenue estimates. US daily active users slightly missed forecasts, and CEO flagged search refer…
Reddit stock plunged 21% despite beating Q2 earnings and issuing strong guidance, as management flagged volatility in Google search referral traffic, raising AI-search disruption fears.