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Reddit Inc. stock is traded at $0.00, with a volume of 0.
It is up +0.00% in the last 24 hours and up +0.00% over the past month.
Reddit Inc. stands as a dynamic and expansive network comprising over 100,000 communities, each fostering engagement around diverse interests, hobbies, and passions. Within this digital realm, users can immerse themselves in discussions, content submission, and voting on topics that resonate with their deepest concerns and enthusiasms, ranging from pets to parenting. Established in 2005 by University of Virginia students Steve Huffman and Alexis Ohanian, Reddit positions itself as the 'front page of the internet', merging elements of social networking and online forums. In 2021, Reddit made headlines with a confidential filing for an initial public offering (IPO), estimating its valuation at a staggering $10 billion. This valuation was based on a fundraising round that secured an impressive $700 million in August of the same year, showcasing the platform's ability to attract significant investment. The prospect of Reddit going public heightened expectations, emphasizing its status as a major player in the social media landscape. However, the trajectory of Reddit's valuation took an unexpected turn in June of that year. Fidelity, a key participant in the 2021 funding round, reduced the estimated worth of its investment to $16.6 million, a notable 41.1% decline from its initial acquisition cost of $28.2 million for Reddit shares. Reports at the time suggested that Reddit was still contemplating a public offering at a valuation around $15 billion, adding a layer of uncertainty to the platform's financial narrative.
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Reddit Inc. Stock (RD) Company Profile
Name
Reddit Inc.
Sector
Industry
Phone
(424) 234-9948
Address
548 Market St, San Francisco
Compare RD with other stocks
Stocks | Price | Market Cap | Revenue | Net Income | Cash Flow | EPS |
---|---|---|---|---|---|---|
RD
Reddit Inc.
|
0.00 | 0 | 0 | 0 | 0 | 0.00 |
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Alphabet Inc
|
170.49 | 2.11T | 339.86B | 94.27B | 55.82B | 7.54 |
GOOGL
Alphabet Inc
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168.95 | 2.07T | 339.86B | 94.27B | 55.82B | 7.54 |
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DASH
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Reddit Inc. Stock (RD) Latest News
Reddit ramps up efforts to attract international users, CNBC reports - Yahoo Finance
BNP Paribas Financial Markets Buys 415,634 Shares of Reddit, Inc. (NYSE:RDDT) - MarketBeat
Kingsview Wealth Management LLC Makes New Investment in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Reddit Inc. (RDDT) Is Considered a Good Investment by Brokers: Is That True? - MSN
284,980 Shares in Reddit, Inc. (NYSE:RDDT) Bought by Woodson Capital Management LP - MarketBeat
Fmr LLC Increases Holdings in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Jim Cramer: Reddit Is 'Fabulous,' Dow Is A 'Tough' One - Benzinga
109,587 Shares in Reddit, Inc. (NYSE:RDDT) Bought by Quantbot Technologies LP - MarketBeat
Penserra Capital Management LLC Increases Stock Position in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Prospera Financial Services Inc Invests $248,000 in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Reddit, Inc. (NYSE:RDDT) Given Average Recommendation of "Moderate Buy" by Brokerages - MarketBeat
Reddit's SWOT analysis: stock soars on user growth, ad revenue surge - Investing.com
Reddit says ‘sorry’ after global outage; company shares this meme - MSN
Portman Ltd Acquires New Stake in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Meridian Wealth Management LLC Boosts Stock Holdings in Reddit, Inc. (NYSE:RDDT) - MarketBeat
GM Advisory Group LLC Buys New Position in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Reddit, Inc. (NYSE:RDDT) Insider Benjamin Seong Lee Sells 18,519 Shares - MarketBeat
Is Reddit down? Company reports outage (and memes) - AOL
Why Reddit (RDDT) Stock Is Down Today - Yahoo Finance
Advance Plans to Borrow Against $1.2 Billion Reddit Stake - Bloomberg
Reddit Stock Drops as Advance Reportedly Plans To Borrow Against Stake - Yahoo Finance
What's Going On With Reddit Stock Friday? - Benzinga
Reddit Stock Nosedives After $1.2B Stake Sale Announcement--What's Next? - Yahoo Finance
Reddit Share Sale Plan Sparks Fear Among Retail Investors - Yahoo Finance
Reddit slides, Gap surges on earnings, outlook - Yahoo Finance
Reddit Tumbles 7% In Premarket Amid Advance's Stake Sale Announcement: Technicals Show Strong Support, But Selling Pressure Persists At Overbought Levels - Benzinga
Reddit back up after latest outage impacts thousands of users - Yahoo Finance
Reddit Suffers Second Disruption In Two Days - Yahoo Finance
Reddit down for thousands of users, Downdetector shows - Marketscreener.com
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company - MSN
Reddit deploys fix for outage affecting thousands in US - Marketscreener.com
‘It’s rammed with tourists’: How Angus Steakhouse became part of a viral Reddit prank - Fast Company
Palantir Director Deletes X Account After ‘ETF Buying’ Post - BNN Bloomberg
Software Startup ServiceTitan Discloses Loss in IPO Filing - BNN Bloomberg
How Reddit elicits content for nothing and clicks for free - Financial Times
Claro Advisors LLC Takes $1.88 Million Position in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Sumitomo Mitsui Trust Group Inc. Buys 201,776 Shares of Reddit, Inc. (NYSE:RDDT) - MarketBeat
Reddit, Inc. (NYSE:RDDT) Shares Purchased by Victory Capital Management Inc. - MarketBeat
Reddit Inc put volume heavy and directionally bearish - TipRanks
Nintendo tracked down a Switch hacker via reddit and repairs made to its services; company sued him for damages - LevelUp
Reddit (RDDT): Buy, Sell, or Hold? - Yahoo Finance
Is It Worth Investing in Reddit Inc. (RDDT) Based on Wall Street's Bullish Views? - Zacks Investment Research
Reddit, Inc. (NYSE:RDDT) Stock Position Raised by Chartwell Investment Partners LLC - MarketBeat
FMR LLC's Strategic Acquisition of Reddit Inc Shares - GuruFocus.com
Proficio Capital Partners LLC Invests $382,000 in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Concurrent Investment Advisors LLC Takes $372,000 Position in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Long Walk Management LP Has $47.13 Million Position in Reddit, Inc. (NYSE:RDDT) - MarketBeat
SpiderRock Advisors LLC Invests $3.49 Million in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Objective Capital Management LLC Invests $391,000 in Reddit, Inc. (NYSE:RDDT) - MarketBeat
ARK Investment Management LLC Has $23.25 Million Position in Reddit, Inc. (NYSE:RDDT) - MarketBeat
Arm, Reddit and Astera Performance Show Strength of AI IPOs - Yahoo Finance
Reddit Inc. Stock (RD) Financials Data
There is no financial data for Reddit Inc. (RD). Check out other stocks for more information.
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