Reddit (NYSE: RDDT) just went public in the most anticipated initial public offering (IPO) of 2024 so far, creating a new option for investors who want social media exposure in their portfolio. While ...
Reddit earns a buy rating due to its resilience against AI-generated low-quality content, supported by strong community moderation and authentic user engagement. Pinterest receives a hold rating as ...
Evercore ISI initiated coverage of Reddit stock with a buy rating citing its advertising growth potential.
I think that really speaks to some of the challenges that Reddit has here. Deidre Woollard: It's a very different world from a Pinterest where you're reaching an audience that's highly targeted, ...
Why the mere idea of OpenAI owning Pinterest set off alarms among users ...
Update: Reddit is making its long-awaited public market debut on Thursday, under the ticker symbol “RDDT.” The company announced the pricing of its initial public offering (IPO) the day before, at $34 ...
Reddit would open trading at six times 2024 revenue estimate, a premium over the 3.5 and 5.3 times multiples for Snap and Pinterest: Munster Snap has 400 million daily average users compared to a more ...
As massive layoffs at Amazon, Facebook and others hit the advertising and technology industries, Reddit announced the hiring of two executives in its advertising business as the company sees ...
The newly public company tied to former President Donald Trump’s Truth Social platform isn’t the only social media stock rallying, as shares of the handful of other public social media companies are ...