NYSE:RDDTInteractive Media and Services
Reddit (RDDT) Valuation Check As Market Price Diverges From Contrasting Fair Value Estimates
Reddit’s recent trading performance
Reddit (RDDT) has seen mixed short term performance, with a 1 day return of 1.25% and a 7 day gain of 5.66%, alongside declines of 5.16% over the past month and 40.03% over the past 3 months.
The stock last closed at US$139.85, giving the company a market value of about US$26.39b. Its annual revenue of US$2.20b and net income of US$529.72m reflect a sizeable and profitable digital community platform.
See our latest analysis for Reddit.
Reddit’s 1 year total...