Reddit stock price: 3 reasons why RDDT is soaring to all-time highs
Less than a year after going public, the social media company is proving that it can continue to defy analysts’ expectations on a number of key metrics.
Reddit stock is having the best day in its short history after the social media platform announced third-quarter 2024 results yesterday that were better than most analysts expected. Investors are rewarding the company. In premarket trading this morning, Reddit shares (NYSE: RDDT) are trading up over 24% as of the time of this writing.