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The Gross Law Firm Reminds Reddit, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 18, 2025 - RDDT
Prnewswire· 2025-07-07 13:00
NEW YORK, July 7, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Reddit, Inc. (NYSE: RDDT).Shareholders who purchased shares of RDDT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/reddit-inc-loss-submission-form/?id=155416&from=4CLASS PERIOD: October 29, 2024 to May 20, 2025 ...
RDDT SHAREHOLDER ALERT: Suffer Losses on Reddit, Inc.? Contact BFA Law by August 18 Securities Fraud Class Action Deadline (NYSE:RDDT)
GlobeNewswire News Room· 2025-07-06 11:46
NEW YORK, July 06, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Reddit, Inc. (NYSE: RDDT) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Reddit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/reddit-inc-securities-fraud-class-action. Investors have until August 18, 2025, to ask the Court to ...
2 Stocks Down 58% and 30% to Buy Right Now
The Motley Fool· 2025-07-06 11:30
The stock market is carving out new all-time highs, but some individual stocks have yet to fully recover. Reddit (RDDT -1.50%) and Paycom (PAYC 2.04%) are still well off their respective peaks, presenting an opportunity for long-term investors. Both companies face risks, but solid growth stories make Reddit and Paycom attractive stocks. Reddit: Down 30% from its highSocial media company Reddit has become a key source of reliable information for internet users. Standard search engines, riddled with ads and c ...
Will Reddit Inc. (RDDT) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-04 17:11
Core Insights - Reddit Inc. is positioned to potentially continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates by an average of 297.00% in the last two quarters [1][2]. Earnings Performance - For the last reported quarter, Reddit Inc. achieved earnings of $0.13 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, resulting in a surprise of 550.00% [2]. - In the previous quarter, the company was expected to report earnings of $0.25 per share but delivered $0.36 per share, yielding a surprise of 44.00% [2]. Earnings Estimates and Predictions - Recent estimates for Reddit Inc. have been trending upward, with a positive Earnings ESP of +35.71%, indicating increased analyst optimism regarding the company's earnings prospects [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may be more accurate [7]. - A negative Earnings ESP does not necessarily indicate an earnings miss but can reduce the predictive power of the metric [9].
RDDT SHAREHOLDERS: The Reddit, Inc. August 18 Class Action Deadline is Approaching -- Contact BFA Law if You Suffered Losses (NYSE:RDDT)
GlobeNewswire News Room· 2025-07-04 12:07
NEW YORK, July 04, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Reddit, Inc. (NYSE: RDDT) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Reddit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/reddit-inc-securities-fraud-class-action. Investors have until August 18, 2025, to ask the Court to ...
Reddit Inc. (RDDT) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-07-03 22:51
In the latest trading session, Reddit Inc. (RDDT) closed at $157.03, marking a -1.45% move from the previous day. This move lagged the S&P 500's daily gain of 0.83%. At the same time, the Dow added 0.77%, and the tech-heavy Nasdaq gained 1.02%. Shares of the company witnessed a gain of 34.79% over the previous month, beating the performance of the Computer and Technology sector with its gain of 8.25%, and the S&P 500's gain of 4.99%.Market participants will be closely following the financial results of Redd ...
August 18, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against RDDT
GlobeNewswire News Room· 2025-07-03 20:32
Core Viewpoint - A class action securities lawsuit has been filed against Reddit, Inc. for alleged securities fraud affecting investors between October 29, 2024, and May 20, 2025 [1][2]. Group 1: Lawsuit Details - The complaint alleges that the defendants made false statements regarding the impact of changes in Google Search's algorithm, which led to a significant reduction in traffic to Reddit [2]. - It is claimed that the defendants were aware that users were finding answers directly on Google Search, leading to a decrease in visits to Reddit, contrary to their public statements about user rates and advertising revenues [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until August 18, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Reddit will soon be more valuable to search engines, says Lightshed Partners' Rich Greenfield
CNBC Television· 2025-07-03 18:08
Welcome back to Overtime. Well, Reddit shares have outperformed in the last month, up 42%, but it's still down 3% for the year. Our next guest says the company is going to emerge as a surprise AI winner.He expects its revenue from AI platforms to increase exponentially by early 2027. Let's bring in Lightshed Partners co-founder, Rich Greenfield. Rich, welcome.I can't help but notice for me. Yeah. and my latest open AI queries that it seems to be getting a lot of signal probably from Reddit.There aren't a lo ...
Why Reddit Stock Jumped 34% in June
The Motley Fool· 2025-07-03 17:56
Shares of Reddit (RDDT -1.50%) were on a tear last month, as the stock benefited from the broader gains in the stock market, the company released a new Community Intelligence product that impressed the market, and other positive news around artificial intelligence (AI) helped lift the stock.According to data from S&P Global Market Intelligence, the stock finished the month up 34%.As you can see from the chart, most of the stock's gains came in the middle of the month, though it also benefited from a late su ...
Deadline Alert: Reddit, Inc. (RDDT) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
GlobeNewswire News Room· 2025-07-03 16:57
LOS ANGELES, July 03, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming August 18, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Reddit, Inc. (“Reddit” or the “Company”) (NYSE: RDDT) securities between October 29, 2024 and May 20, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR REDDIT INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOU ...