Reddit's Stock Soars Even As Musk-Related Tensions Rise

2 days ago · Reddit Inc. (RDDT) has been surging, up 338.46% in the past year. It's technically bullish, but the overbought RSI and tensions with Tesla's Elon Musk could mean a cooldown.

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Reddit's Stock Soars Even As Musk-Related Tensions Rise

2 weeks from now

2 days ago · Reddit Inc. (RDDT) has been surging, up 338.46% in the past year. It's technically bullish, but the overbought RSI and tensions with Tesla's Elon Musk could mean a cooldown.

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Reddit Stock Soars 38% As Revenue Beats Estimates - Forbes

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Oct 30, 2024 · Shares of Reddit increased by more than 38% to over $113 as of around 12:25 p.m. EDT, the largest jump for the stock since a 30% increase on March 25, the first day of …

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Reddit Stock Goes 'r/Rocketship' As Shares Soar On Surprise Profit

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Oct 30, 2024 · Reddit stock soared more than 40% to close 116.03 on the stock market today, Shares have now gained more than 135% from Reddit's first-day closing price in March. …

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Why Wall Street Missed Signs Of Reddit Stock's 58% Climb

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Oct 31, 2024 · Three Mag 7 Stocks And 2 Hot IPOs Rise Onto IBD Top Stock Lists: Check Out IPO Leaders, IBD 50, More Elon Musk: A Look At The Tesla CEO's Business Empire Amazon, …

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Reddit's Stock Soars Even As Musk-Related Tensions Rise

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2 days ago · 1 Reddit Stock Soars Amid Potential Overbought Signals 2 Elon Musk and Reddit: A Digital Clash Reddit Inc. RDDT has experienced a remarkable rise, climbing 338.46% over the …

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Reddit Stock Soars 338% Amid Musk Tensions: Bullish Rally Or

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In today's newscast, we delve into Reddit Inc.'s explosive market performance, with the stock surging 338% over the past year and showing strong bullish mome...

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Reddit's Stock Soars Even As Musk-Related Tensions Rise - Moomoo

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2 days ago · RedditInc. (NYSE:RDDT) has been riding a bullish wave, surging 338.46% in the past year, 33.30% year-to-date, and 23.22% over the past month.

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FAQs about Reddit's Stock Soars Even As Musk-Related Tensions Rise Coupon?

How much did Reddit's stock rise on the news?

Share prices rose as much as 43.1% on the news, settling down to a slightly milder 40% gain by noon ET. All told, the stock has gained 146% since joining the public stock market seven months ago. Your average Wall Street analyst expected a loss of $0.23 per share on revenues near $313 million. Reddit blew those estimates out of the water. ...

How has Reddit impacted the stock market?

All told, the stock has gained 146% since joining the public stock market seven months ago. Your average Wall Street analyst expected a loss of $0.23 per share on revenues near $313 million. Reddit blew those estimates out of the water. Sales jumped 68% year over year, landing at $348 million. ...

How did Reddit's stock perform after a strong earnings report?

Reddit's stock surged more than 40% following a stellar earnings report. The company swung to a profit with earnings of $0.16 per share, while analysts expected a net loss. Data licensing is now a key growth driver, feeding into digital advertising services and AI training. What's driving Reddit's stock to new heights today? ...

Is Reddit a 'rocket ship' stock?

Reddit (RDDT) stock is soaring by more than 40% in Wednesday trading following an earnings release that one analyst called "rocket ship" results. The social media company surged past revenue estimates with 68% growth and turned its first quarterly profit as a public company. S&P 500 Giants Report Earnings. ...

Why did Reddit stock jump 40%?

Reddit stock jumped 40% after the social media company reported third-quarter earnings and sales that exceeded expectations. ...

How did Reddit's stock boost affect its valuation?

The stock boost increased Reddit’s market valuation from $7.7 billion Tuesday to nearly $11 billion. Reddit reported third-quarter revenue of $348.4 million Tuesday, a nearly 68% increase over the same period last year ($207.5 million) and well above analyst estimates of $312.8 million, according to FactSet. ...