Reddit Surges After Earnings Beat: Time to Buy?
Reddit(RDDT) MarketBeat·2024-11-04 22:33
Reddit TodayRDDTReddit$110.64 -2.34 (-2.07%) 52-Week Range$37.35▼$123.60Price Target$89.72Add to WatchlistShares of Reddit NYSE: RDDT, the well-known social media giant, surged by as much as 50% last week following a stellar Q3 earnings report that sent the stock to new all-time highs. After pulling back briefly from highs on Thursday, the stock closed the week at $112.98, up an impressive 38.8% on the week, compared to the overall market’s negative 1.38% weekly performance. YTD shares of Reddit are now up ...