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Reddit, Inc. (NY: RDDT )

55.56 -1.12 (-1.98%)
Streaming Delayed Price Updated: 10:00 AM EDT, May 23, 2024 Add to My Watchlist
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Meme Stocks, Tariffs, Inflation Data Trigger Some Volatile Trade: Rent The Runway, Plug Power, Rivian
Meme darlings aren't the only big gainers. Favorable news fueled others. 
Via Investor's Business Daily
Topics Economy
Exposures Interest Rates
Donald Trump's Truth Social Shows 55% Increase In Site Traffic Since IPO As Stock Rockets 123% From Lows Amid Short Squeeze Speculation
Via Benzinga
Topics Government Initial Public Offering
Exposures Political Securities Market
Roaring Kitty's Timed Posts On X Ignite Fresh Rallies In GameStop, AMC, More Meme Stocks
Keith Gill's social media posts sparked a 100% surge in GameStop's stock, leading to billions in valuation. His recent posts suggest a pattern. 
Via Benzinga
Why These Former Meme-Stock EV Companies Are Surging Now
Shares of former meme-stock darlings Lucid, Nikola, and QuantumScape are all taking off again. Here's the real story. 
Via The Motley Fool
New Hotter Inflation Data – Momo Buys The Dip, Fed Blunder Shows Up In Roaring Meme Stocks
To gain an edge, this is what you need to know today. 
Via Benzinga
Topics Economy
Exposures Interest Rates
Trump Media's DJT Stock Tops Short Squeeze Leaderboard: Is Another Price Surge Coming?
DJT, the stock of Trump Media & Technology Group Corp., is currently ranked number one on the Short Squeeze Leaderboard with a high Short Squeeze Score of 99.41. 
Via Benzinga
Topics Government
Exposures Political
AMC Stock Surges 100% in Tuesday Morning Trading as Meme Frenzy Heats Up
Meme stock traders buy, forcing to sell. After shorts leave, traders are on their own and should watch the tape carefully. 
Via InvestorPlace
GameStop Stock Skyrockets As 'Roaring Kitty' Returns: Is GME Short Squeeze 2.0 Imminent?
Roaring Kitty, aka Keith Gill, known for his role in the GameStop short squeeze, returned to social media, pumping up 'meme stocks' like GME. Short interest and days-to-cover ratios may lead to a... 
Via Benzinga
Why Is AMC Entertainment (AMC) Stock Up 122% Today?
AMC Entertainment stock is rallying again on Tuesday as the company's shares continue to soar higher alongside the return of Roaring Kitty. 
Via InvestorPlace
Infamous User Roaring Kitty Sends Reddit (RDDT) Stock Surging
With the apparent resurgence of meme trading, Reddit is a beneficiary today, although RDDT stock is also moving higher on its own merit. 
Via InvestorPlace
3 Reasons Cathie Wood Is Buying Reddit Stock Now
The iconic growth investor bought some Reddit for only the second time, after a blowout first quarter. 
Via The Motley Fool
Memecoins Made Massive Gains on Monday
The meme leader is back and so are meme coins. 
Via The Motley Fool
Bitcoin Surges Today on Speculation Meme Mania Is Back
A surge in meme stocks today has some investors looking more closely at the digital asset space. 
Via The Motley Fool
GME Stock Short Sellers Have Already Lost $1 Billion Today as GameStop Soars
Investors in GameStop are once again seeing incredible moves in the meme stock, with GME stock surging more than 75% before being halted. 
Via InvestorPlace
Roaring Kitty Doubles Down, Posts New Videos On X Sending GameStop's Stock Higher
Roaring Kitty (Keith Gill) posted a meme on social media, reigniting the frenzy around GameStop stock, and other meme stocks saw a surge in value. 
Via Benzinga
Why Solar Energy Stocks Soared Today
The market has gone crazy with stocks made popular during the pandemic. 
Via The Motley Fool
Why Akoustis Technologies Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Monday's Mid-Day Session
Via Benzinga
AMC Stock Soars as Roaring Kitty Returns to Social Media
AMC stock is accelerating higher today following Roaring Kitty's return on X. However, shareholders shouldn't bet on these gains to last. 
Via InvestorPlace
GameStop, Squarespace, Incyte And Other Big Stocks Moving Higher On Monday
Via Benzinga
NYSE President 'Incredibly Optimistic' About More IPOs In 2024: Over $13.7B Raised So Far
According to Martin, more growth-oriented companies are finding a path to profitability through public markets 
Via Benzinga
Roaring Kitty Just Supercharged GameStop (GME) Stock
There's no evidence that Roaring Kitty is targeting Gamestop, only that he's interested in getting back into the game. 
Via InvestorPlace
Reddit Stock Surged on News of Its Artificial Intelligence Bet, but Does That Make It a Worthwhile AI Buy?
AI may or may not turn into a growth driver for the stock. 
Via The Motley Fool
Topics Artificial Intelligence
Exposures Artificial Intelligence
Is Robinhood's New Secret Weapon Good as Gold?
Robinhood's new credit card is in demand, and this could unlock a new wave of high-margin subscription revenue for the company. 
Via The Motley Fool
Topics Credit Cards
Exposures Interest Rates
3 Stocks to Sell That Even r/WallStreetBets Won’t Touch
The comments and discussions taking place on the sub-Reddit single these stocks out for particular scorn and ridicule. 
Via InvestorPlace
3 New Stocks That Could Soon Join the Trillion-Dollar Club
These potential trillion-dollar stocks can disrupt industries and join the trillion-dollar market cap club, albeit decades down the line. 
Via InvestorPlace
3 Media Stocks to Buy While AMC Continues Falling
Investors should be focusing on these three media stocks to buy instead of the failing movie theater chain, AMC. 
Via InvestorPlace
Dow Stares Down Best Win Streak Since July
Friday's price action is mirroring the week on Wall Street; the Dow Jones Industrial Average leads the charge, while the S&P 500 Index and Nasdaq Composite lag behind. 
Via Talk Markets
Topics Stocks
Exposures US Equities
Countdown to Destruction: Brutal Days Are Coming for Reddit Stock
Even though Reddit is jumping headfirst into the AI trend, it's still wise to sell Reddit stock ahead of a potentially disastrous event. 
Via InvestorPlace
Topics Artificial Intelligence
Exposures Artificial Intelligence
Cathie Wood's Ark Invest Purchases Over $30M of Shopify Shares Amid Q1 Numbers-Driven Plunge; Adds Reddit Shares To Kitty — Offloads Coinbase Stock As Bitcoin Declines
On Wednesday, Cathie Wood’s Ark Invest made some significant trades. 
Via Benzinga
Reddit Users See An 'Inverse Moment' As Shares Pop 14% On Social Media Platform's Financial Performance
Reddit beat expectations, with revenue of $243 million; ad revenue was up 39%. Analysts are optimistic about its potential for profitability. 
Via Benzinga
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