Why Reddit Stock Crushed It in December | The Motley Fool

Jan 4, 2025 · Several positive analyst moves added up to a tailwind, pushing Reddit's (RDDT-0.18%) share price up notably in the final month of 2024. December saw the social media …

18%
OFF

Why Reddit Stock Crushed It In December | The Motley Fool

2 weeks from now

Jan 4, 2025 · Several positive analyst moves added up to a tailwind, pushing Reddit's (RDDT-0.18%) share price up notably in the final month of 2024. December saw the social media …

fool.com

45%
OFF

Is Reddit An Undervalued Growth Stock? | The Motley Fool

2 weeks from now

1 day ago · Reddit (RDDT-1.45%) is one of the ... Why Reddit Stock Crushed It in December. ... Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more …

fool.com

50%
OFF

Anyone With A Motley Fool Subscription Mind Sharing The 2023

2 weeks from now

The title says it all, I got crushed by the Motley Fool as most of their stock picks are down 50% or more from when they recommended them. But I’m still curious and what they recommended …

reddit.com

280%
OFF

Does Anyone Have The Recently Published Motley Fools Stock

2 weeks from now

Motley fools current records show that the stock advisor product is still well ahead in the market (compared to S&P growth) over a ten year span. Something like 280%. If you don’t plan to …

reddit.com

162%
OFF

Why Cava Group Stock Jumped 162% In 2024 But Is Down 24

2 weeks from now

6 days ago · Why Cava Stock Dropped 20% in December. 856%. ... Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's …

fool.com

7%
OFF

Why Wolfspeed Stock Plummeted 84.7% In 2024 And Is ... - The …

2 weeks from now

2 days ago · Wolfspeed (WOLF-3.35%) stock got crushed in 2024 despite a bullish backdrop for the broader market. The silicon-carbide technology specialist's share price fell 84.7% across …

fool.com

5%
OFF

Does The News Media Overanalyze Nvidia Stock Moves? - Yahoo

2 weeks from now

17 hours ago · Why stock-market investors are freaking out. U.S. Treasury yields have soared over the past week, propelling the 10-year rate to the brink of the 5% mark rarely seen since …

yahoo.com

7%
OFF

Why Wolfspeed Stock Plummeted 84.7% In 2024 And Is Sinking …

2 weeks from now

2 days ago · Wolfspeed (NYSE: WOLF) stock got crushed in 2024 despite a bullish backdrop for the broader market. The silicon-carbide technology specialist's share price fell 84.7% across …

yahoo.com

FAQs about Why Reddit Stock Crushed It in December | The Motley Fool Coupon?

Is Reddit a good stock to buy in December?

December saw the social media company's already hot stock rise by more than 16%, bolstering its status as one of the best-performing titles of the year. Reddit is one of the newer tech and social media stocks on the scene. ...

Is Reddit a good stock to buy in 2024?

The Motley Fool has a disclosure policy. Several positive analyst moves added up to a tailwind, pushing Reddit's (NYSE: RDDT) share price up notably in the final month of 2024. December saw the social media company's already hot stock rise by more than 16%, bolstering its status as one of the best-performing titles of the year. ...

How much did Reddit's stock rise on the news?

Share prices rose as much as 43.1% on the news, settling down to a slightly milder 40% gain by noon ET. All told, the stock has gained 146% since joining the public stock market seven months ago. Your average Wall Street analyst expected a loss of $0.23 per share on revenues near $313 million. Reddit blew those estimates out of the water. ...

Why is Reddit stock rising?

Reddit stock's meteoric rise is the result of the social media company's phenomenal business performance. Despite being nearly 20 years old, the company is still seeing growth in usage of its website and app. In the third quarter, Reddit's daily active uniques (DAUq) increased 47% year over year to a record 97.2 million. ...

How has Reddit impacted the stock market?

All told, the stock has gained 146% since joining the public stock market seven months ago. Your average Wall Street analyst expected a loss of $0.23 per share on revenues near $313 million. Reddit blew those estimates out of the water. Sales jumped 68% year over year, landing at $348 million. ...

Does Reddit's stock price move ahead of its financials?

However, one has to ask whether the stock price has moved ahead of its financials. In the first nine months of 2024, Reddit reported revenue of $872 million, an increase of 57% from the same period in 2023. During that time, its costs and expenses increased by 113%. ...