Reddit Inc.
RDDTNYSE
Product information
What is Reddit Inc. (RDDT)?
Reddit, Inc. is a US company that runs an online platform where users share, discuss and vote on content in communities built around their interests. Its shares have traded on the New York Stock Exchange (NYSE) under the ticker RDDT since its IPO in March 2024.
The platform is made up of thousands of communities called subreddits, run by volunteer moderators; discussions on almost every topic, such as technology, gaming, finance, sports, health and hobbies, are archived there. Most of the company's income comes from advertising that can be targeted according to the interests of these communities. The second source of income is data licensing: Reddit opens access to public conversation data on the platform to companies developing AI models and other organizations in exchange for contracts. The company is also trying to expand its international user base by carrying content into different languages through machine translation.
Those following RDDT track trends in daily active users, the variability of traffic from search engines, growth in advertising income per user, the renewal of data licensing contracts and regulation related to content moderation. The Reddit page on Lzzo.com gives the price on a US dollar basis; users can look at the Turkish lira, euro or pound sterling equivalent if they wish. A historical chart, technical indicators, the data source and last update information are also on the page.
Sources: redditinc.com
- Name
- Reddit Inc.
- Symbol
- RDDT
- Market
- Stocks
What to look for in the technical analysis of Reddit Inc.
Moving averages help assess the trend and RSI helps assess momentum. Indicators are calculated from real history; when there is not enough history or the required candle fields are missing, the indicator is not calculated. Past results do not guarantee future performance.
Technical indicators
Calculated from observed daily candles (at least 201 observations). No intraday indicators. Indicators are descriptive, not a buy/sell recommendation.
Investment Return CalculatorWith observed closes over the past year
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