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Here's Why Reddit Inc. (RDDT) Fell More Than Broader Market
RDDTReddit(RDDT) ZACKS·2024-12-12 23:52

Reddit Inc. (RDDT) closed the most recent trading day at $163.51, moving -1.45% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.54% for the day. Elsewhere, the Dow saw a downswing of 0.53%, while the tech-heavy Nasdaq depreciated by 0.66%.The company's shares have seen an increase of 25.64% over the last month, surpassing the Computer and Technology sector's gain of 3.76% and the S&P 500's gain of 1.5%.The investment community will be closely monitoring t ...