NYSE:RDDTInteractive Media and Services
Reddit (RDDT): Revisiting Valuation After Recent Share Price Swings and Evolving Growth Expectations
Reddit (RDDT) has quietly put up a mixed tape for investors lately, with the stock up about 16% over the past month but still down roughly 16% over the past 3 months.
See our latest analysis for Reddit.
Stepping back, Reddit’s 1 year total shareholder return of about 32.7 percent and year to date share price return of roughly 35 percent suggest momentum is still building, even with the recent pullback from its 7 day share price decline.
If the Reddit move has you rethinking where growth could...