NYSE:RDDTInteractive Media and Services
Is Reddit (RDDT) A Bargain Following Google AI Licensing Renewal Doubts?
Reports that Reddit (RDDT) may restrict Google’s access to its content for AI training have pushed the company’s US$60 million a year licensing deal into focus for investors.
See our latest analysis for Reddit.
The share price reaction to the Google licensing headlines has been sharp, with Reddit’s 1 day share price return down 8.32% and 7 day share price return down 13.96%. At the same time, the 90 day share price return of 11.39% and 1 year total shareholder return of 16.62% point to...