Reddit Stock Is Up on Q3 Earnings. Options Data Tells Us RDDT Could Be Headed Here Next.

Reddit (RDDT) stock has extended gains in recent sessions after the social media platform reported its fifth consecutive profitable quarter since going public. Reddit earned $0.80 on a per-share basis in its third financial quarter on a better-than-expected $585 million in revenue, which translates to 68% growth on a year-over-year basis. More News from Barchart Despite post-earnings gains, Reddit shares are down more than 20% versus their year-to-date high. www.barchart.com Should You Buy Reddit Stoc ...