Why Is Reddit Stock Surging on Thursday?
Explore why Reddit stock is surging on Thursday following key user growth and app download metrics revealed at a Goldman Sachs conference.
Reddit showed that lots of new people are using it and downloading its app, which made investors feel more hopeful about the company's future. When a company gets more users, that is usually a sign people think it is heading in a good direction.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.