One of the biggest market debuts of 2024 is also one of its biggest gainers.
Reddit stock is up 124% since its initial public offering earlier this year.
What To Expect From Nextdoor’s (KIND) Q3 Earnings
The social media stock skyrocketed after a breakthrough earnings report.
October saw significant stock gains for Reddit, Carvana, and Brinker International, driven by strong earnings and positive analyst sentiment.
U.S. stock indexes edged lower after drops for Eli Lilly and chip companies overshadowed a jump for Google’s parent company
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.33%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.79%. Stocks Wednesday...
What's driving Reddit's stock to new heights today? Check out how the social discussion forum crushed analysts' expectations in the third quarter.