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   • Business Insider

     Up Over 30% Since IPO, Is Reddit Stock (NYSE:RDDT) Overvalued?

     As stated earlier, since its IPO at the end of March, Reddit has appreciated by over 30%, now trading near $62. The company boasts a market cap of over $10 billion and trades at a price-to-sales (P/S) ratio of 11x, well above peers like Snap and Pinterest, which trade at multiples of 5x and 8x, respectively.

     9 hours ago

   • bovnews

     Facts about Reddit Inc. (RDDT) Stock that you might not know

     The firm’s stock price fluctuated 6.86% within the last five trades and 19.00% within the last 30 trades, which was a significant change from the beginning of this year. RDDT stock is trading at a margin of 2.94%, 18.62% and 17.44% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

     20 hours ago

   • 

     Investorplace News on MSN.com

     Why Analysts Are Betting Big on Reddit Stock’s Future Growth

     6 days ago

   • Moneywise on MSN.com

     Meme stock or market trendsetter? Here’s what Reddit’s recent IPO can tell you about how to cash in on the next big tech company in 2024

     2 weeks ago

   • Business Insider

     Cathie Wood-Led Ark Invest Buys $9.9M Worth Of Amazon Shares, Also Picks Up Reddit Stock

     5 days ago

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2. People also ask

   Should you buy Reddit (rddt) stock?

   • The consensus among analysts rates Reddit stock as a Moderate Buy, with nine out of 16 recommending buying the stock at current levels. The average RDDT stock price target is $58.93 per share, indicating 7.1% downside potential. Needham analyst Laura Martin is bullish on Reddit stock.

   Up Over 30% Since IPO, Is Reddit Stock (NYSE:RDDT) Overvalued?

   markets.businessinsider.com/news/stocks/up-over-30-since-ipo-is-reddit-stock-nyse-rddt-overvalued-1033471311

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   Is Reddit's IPO a good investment?

   • The social media platform Reddit’s ( NYSE:RDDT) IPO is still fresh and has been well-received by investors so far. Its first two and a half months of trading as a public company have shown strong share price appreciation (up over 30%). The company has made good progress in key metrics amid promising growth trends.

   Up Over 30% Since IPO, Is Reddit Stock (NYSE:RDDT) Overvalued?

   markets.businessinsider.com/news/stocks/up-over-30-since-ipo-is-reddit-stock-nyse-rddt-overvalued-1033471311

   See all results for this question

   How much is Amazon & Reddit trading worth?

   • The value of this trade, based on Amazon’s closing price of $185 on Thursday, is approximately $9.9 million. The Reddit Trade: In a separate transaction, The firm’s Ark Fintech Innovation ETF (NYSE:ARKF) fund bought 1,312 shares of Reddit.

   Cathie Wood-Led Ark Invest Buys $9.9M Worth Of Amazon Shares, Als…

   markets.businessinsider.com/news/etf/cathie-wood-led-ark-invest-buys-9-9m-worth-of-amazon-shares-also-picks-up-reddit-stock-1033459474

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   Is Reddit a good website?

   • Reddit is currently one of the most visited websites globally. Recent surveys indicate that the company’s website ranks seventh in global traffic, while U.S. data from the end of last year places it third, trailing only Alphabet’s ( NASDAQ:GOOGL) Google and YouTube.

   Up Over 30% Since IPO, Is Reddit Stock (NYSE:RDDT) Overvalued?

   markets.businessinsider.com/news/stocks/up-over-30-since-ipo-is-reddit-stock-nyse-rddt-overvalued-1033471311

   See all results for this question

3. www.reddit.com › r › StockMarketr/StockMarket - Reddit's Front Page of the Stock Market

   www.reddit.com › r › StockMarket

   Stay on-topic to Stock Market Almost any post related to the stock market and investments is welcome, including pre IPO news, futures & forex related to stocks, and geopolitical or corporate events indicating risks; outside this is offtopic and can be removed.

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     Redirecting to /r/stockmarket/new/.

   • Stocks

     Apple’s Stock Price Reaches All-Time High After WWDC...

   • r/StocksMarket

     r/StocksMarket: Stock market news, Trading, investing, long...

   • Stock Market News

     r/StockNews: Stock Market News. The one-stop automated...

4. www.reddit.com › r › STOCKMARKETNEWSStock Market News - Reddit

   www.reddit.com › r › STOCKMARKETNEWS

   r/STOCKMARKETNEWS: Stock Market, financial, and investment news for the Nasdaq, New York Stock Exchange (NYSE), AMEX & all cryptocurrency markets.

5. www.reddit.com › r › investingBest unbiased finance news sources (for overall ... - Reddit

   www.reddit.com › r › investing

   • Cached

   I'm firming up the news sources I'm going to use to inform my investment decisions. I know a lot of media entities have HF interests and shit, so which sources (and programs) should I use, for what? Currently just listening to Bloomberg Surveillance, look through WSJ, and the bloomberg website.

6. www.wsj.com › livecoverage › stock-market-today-dowReddit Stock Rises After Bigger-Than-Expected Jump in Users

   www.wsj.com › livecoverage › stock-market-today-dow

   • Cached

   May 8, 2024 · Reddit stock rose after the social-media company reported a bigger-than-forecast increase in users in its first set of results as a public company. Daily active users rose 37% to 82.7 million...