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Markets up on FridayThis summary was created by AI, based on 3 opinions in the last 12 months.
The experts have mixed opinions on Reddit Inc. (RDDT-N). One expert believes that due to the lack of historical data, it's difficult to predict the stock's future performance. Another expert has a positive outlook considering the CEO's long-term model, while a third expert suggests taking profits due to the stock's recent run since IPO'ing. Overall, the reviews reflect uncertainty and caution surrounding Reddit Inc.'s stock.
The CEO has a great long-term model. he expects good numbers from them.
A 19-year-old company that's been unprofitable and cash-flow negative, but it's had a monster run since IPO'ing last week. Doesn't think much of it, but take profits.
Reddit Inc. is a American stock, trading under the symbol RDDT-N on the New York Stock Exchange (RDDT). It is usually referred to as NYSE:RDDT or RDDT-N
In the last year, 2 stock analysts published opinions about RDDT-N. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Reddit Inc..
Reddit Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Reddit Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Reddit Inc. In the last year. It is a trending stock that is worth watching.
On 2024-12-11, Reddit Inc. (RDDT-N) stock closed at a price of $165.92.
Be aware that when you have a stock that hasn't been listed for that long, you don't have a lot of data to work with. Technical analysis is all about crowd behaviour -- trends, volume, a picture of how investors feel about a stock.
Since the summer, this one broke out of a saucer-like formation and now it's heading up. So far, looks good. But because it's such a "young" stock as far as being listed, hard to tell if any resistance or stopping points ahead.