RDDT · Reddit, Inc.

Reddit Inc RDDT

Operates an online platform of topic-based communities where users post, discuss, and vote on content.

Daily briefOctober 30, 2026

Reddit shares sink despite revenue and profit beat

-29.22% to $91.73 from $129.60

Revenue rose 53% year-over-year to $895 million and adjusted EBITDA increased 70% to $402.3 million, both ahead of Wall Street estimates.
Adjusted earnings per share of $1.40 beat the consensus estimate of $1.31.
Daily active user growth came in below expectations and the company’s fourth-quarter revenue outlook fell short of analyst forecasts.
Reddit said it will begin testing mandatory log-in requirements in select international markets during the fourth quarter ahead of a planned global rollout, and disclosed that search-referral traffic declined meaningfully during the quarter, with the decline accelerating late in the period.

Sources: Yahoo Finance · Investing.com

Daily briefAugust 14, 2026

+12.63% to $178.09 from $158.12

S&P Dow Jones Indices announced Reddit will be added to the S&P 500 before the market open on August 18, replacing AvalonBay Communities.
The move makes Reddit only the second standalone social media company in the index, alongside Meta Platforms.
Shares extended a rally that began after the inclusion news first circulated in after-hours trading a day earlier.
Coverage noted the index-fund buying tied to inclusion comes alongside mixed signals on the stock’s valuation.

Sources: CNBC · Morningstar · GuruFocus

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