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Reddit stock soars after S&P 500 inclusion announcement
Proactive1d agobullish
Reddit stock soars after S&P 500 inclusion announcement

Reddit Inc (NYSE:RDDT) shares jumped more than 16% on Friday after S&P Dow Jones Indices said the company will join the S&P 500 index next week. The inclusion is expected to trigger mandatory buying from institutional funds that track the benchmark. The index milestone follows a...

Reddit Stock Jumps On S&P 500 News
Investor's Business Daily1d agobullish
Reddit Stock Jumps On S&P 500 News

Reddit stock jumped late Thursday on news that the social media firm will join the S&P 500 index. Sun Communities will be added to the S&P MidCap 400.

Investing.com16d agobullish
Reddit shares slide despite strong Q2 beat and upbeat guidance

Investing.com -- Reddit Inc (NYSE:RDDT) reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of revenue growth above 60% and issuing robust guidance for the upcoming period. For the three months ended June 30, total

Reddit set for earnings beat as ad momentum, user growth build
Proactive30d agobullish
Reddit set for earnings beat as ad momentum, user growth build

Reddit Inc (NYSE:RDDT) is expected to beat Wall Street's second-quarter revenue and EBITDA targets, according to Jefferies, which pointed to strong ad checks and improving user growth heading into the print. The brokerage said investor conversations point to expectations for revenue and...

Bloomberg52d agobullish
Wendy's Surges 37% Following Viral Reddit Post

(Bloomberg) -- The meme-stock crowd is rallying behind another beaten up American icon — Wendy’s Co., the fast-food chain known for the Frosty, Dave’s Triple burger and the Biggie Deal.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short Bet‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallyKorean Stocks Tumble 10% as