Why Reddit Stock Just Popped

The Nasdaq sell-off is making Reddit stock look cheap.Investors in Reddit (RDDT 9.75%) stock are having a terrific Tuesday, as shares rise 10.7% through 11:10 a.m. ET.Shares of the social media discussion site, which had more than quadrupled since its initial public offering (IPO) last year, topping $225 in early February, have been cut in half over the past month. That 50% haircut, however, has made Reddit stock "extremely attractive" for new investors according to investment bank Loop Capital, as The Fly ...