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Is Reddit's (RDDT) Stock at an Inflection Point After Strong Q3 Results?
RDDTReddit(RDDT) ZACKS·2024-10-30 20:56

Soaring to new highs, Reddit's (RDDT) stock has spiked more than +30% today after crushing its third-quarter expectations after market hours on Tuesday. Standing out in a week that features much anticipated quarterly results from five of the Magnificent 7 big tech stocks, Reddit is making the case for being at a positive inflection point with RDDT sporting a Zacks Rank #2 (Buy). Image Source: Zacks Investment Research Reddit's Strong Q3 Results After launching its IPO earlier in the year, Reddit's online so ...