TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  The Motley Fool

Why Reddit Stock Jumped Today

The Motley Fool Logo The Motley Fool By Joe Tenebruso
Why Reddit Stock Jumped Today

Reddit's stock surged over 7% after reporting strong Q3 results, with 68% revenue growth, 19% increase in daily active users, and a fivefold increase in net income, driven by robust advertising sales and expanding user base.

Insights
RDDT   positive

Strong quarterly performance with significant revenue growth (68%), user base expansion (19% daily active users), and substantial net income increase (5x)