Shares of social media platform Reddit Inc. (NYSE: RDDT) are experiencing a significant rally in today’s trading, with the stock price climbing by more than 5% as market activity continues.
As of 22:16 GMT+5:30 today, Reddit stock was trading at 118.25 USD. This marks a notable increase of 6.01 USD, or +5.35%, for the session. The stock has demonstrated strong upward momentum throughout the depicted trading period, rising substantially from its previous closing price of 112.24 USD.
This positive daily performance builds on recent gains, with RDDT shares up 8.32% over the past five days and 8.15% in the last month. The one-year performance is particularly impressive, showing a gain of 100.44%. Since its market debut, the stock has appreciated by 151.57%. However, it’s worth noting that the stock has seen some headwinds in the medium term, with a decline of -22.24% over the past six months and -28.09% year-to-date.
Investors are closely watching the newly public company as it navigates the market, with today’s surge indicating renewed buyer interest.
Reddit (RDDT) Stock: Frequently Asked Questions (FAQ)
Q1: What is the stock ticker symbol for Reddit?
A1: The stock ticker symbol for Reddit is RDDT, and it trades on the New York Stock Exchange.
Q2: What was the stock price of Reddit (RDDT) as of the latest update?
A2: As of 22:16 GMT+5:30 today, Reddit (RDDT) stock was priced at 118.25 USD.
Q3: How did Reddit stock perform today?
A3: Reddit stock increased by 6.01 USD, which is a +5.35% gain for the day.
Q4: What was the previous closing price for Reddit stock?
A4: The previous closing price for RDDT stock was 112.24 USD.
Q5: How has Reddit stock performed over the last five days?
A5: In the last five days, Reddit stock has increased by 8.32%.
Q6: What is the one-month performance of Reddit (RDDT) stock?
A6: Over the past month, Reddit stock has risen by 8.15%.
Q7: How has Reddit stock performed year-to-date?
A7: Year-to-date, Reddit stock is down by -28.09%.
Q8: What is the one-year performance of Reddit stock?
A8: Over the past year, Reddit stock has increased by 100.44%.
Q9: What is the six-month performance of Reddit stock?
A9: Over the past six months, Reddit stock has decreased by -22.24%.
Q10: What is the currency of Reddit’s stock price?
A10: The stock price is in USD (United States Dollars).
