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NEW YORK , Aug. 2, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Reddit, Inc. (NYSE: RDDT) between October 29, 2024 and May 20, 2025, both dates inclusive (the "Class Period"), of the important August 18, 2025 lead plaintiff deadline. So what: If you purchased Reddit securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Bragar Eagel & Squire, P.C. Litigation Attorney Brandon Walker Encourages Investors Who Suffered Losses In Bitfarms (BITF) or Reddit (RDDT) To Contact Him Directly To Discuss Their Options
Reddit crushed Q2 expectations with $500M revenue (+78% YoY), $167M EBITDA, and $0.45 EPS versus consensus forecasts, proving skeptics wrong. Reddit became the #1 most cited domain for AI training, monetizing authentic human conversations through $35M data licensing revenue growth. Reddit Answers exploded from 1M to 6M users in one quarter, transforming Reddit from a Google-dependent traffic recipient to a search destination.
Reddit COO Jen Wong discusses how the company is positioning itself in search using AI and what it could mean for advertisers. Wong joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech.
CEO Huffman wants to expand Reddit Answers to capitalize on increasing demand for Reddit results.
RDDT posts a strong Q2 with EPS of 45 cents and 78% revenue growth, fueled by surging ad sales and global user expansion.
U.S. equities plunged at midday on a weaker-than-expected jobs report and President Donald Trump's announcement of new tariffs. The Nasdaq lost nearly 2%, and the Dow Jones Industrial Average and S&P 500 slid more than 1%.
Analysts are raising their Reddit price targets and reiterating their buy ratings after the social-media platform's better-than-expected second-quarter results.
Shares of Reddit Inc (NYSE:RDDT) have surged this morning, after the social media platform posted adjusted second quarter earnings of $0.45, easily ahead of the $0.19 that was expected.