Reddit Stock Extends Pullback Ahead of Earnings

Social media stock Reddit Inc (NYSE:RDDT) is plummeting today, down 6.8% at $154.07 at last glance and trading at its lowest levels since July, after reports that CEO Steve Huffman sold $3.3 million in shares. The equity was already mired in an extended pullback before today, now pacing for its eighth-straight loss ahead of the company's fourth-quarter earnings report, due out after the close tomorrow, Feb. 5. Per Zacks Investment Research, Wall Street analysts anticipate profits of 96 cents per share on re ...