Cramer Believes That “Reddit is a Valuable Institution”

Reddit, Inc. (NYSE:RDDT) is one of the stocks Jim Cramer recently talked about. A caller noted the declining daily average users and reduced engagement with ChatGPT, and asked if the recent rebound in Reddit’s stock, after a 30% drop, is a sign to exit the position. In response, Cramer said: “Okay, I saw this stuff on Reddit. I’ve been trying to get, I mean, you know, a lot of… these chatbots rely on Reddit. You often see them as like the first or second indicator. I think that was kind of excessive. The ...