Reddit (RDDT) Investor Update – Latest News and Insights

By Scott Lee • Tuesday, January 28 10:11 • Permanent Link

Shares of Technology sector company Reddit moved 6.8% today, and are now trading at a price of $193.19. The Large-Cap stock's daily volume was 1,853,572 compared to its average volume of 6,984,316. The S&P 500 index returned a 0.0% performance.

19 analysts are following Reddit and have set target prices ranging from $85.0 to $215.0 per share. On average, they have given the company a rating of buy. At today's prices, RDDT is trading 7.55% away from its average analyst target price of $179.63 per share.

Over the last year, RDDT's share price has increased by 296.5%, which represents a difference of 272.6% when compared to the S&P 500. The stock's 52 week high is $195.0 per share whereas its 52 week low is $37.35.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.