Reddit Stock Surge Propels 2x ETFs to Major Thursday Gains
Reddit stock saw a 6% rally, sending these ETFs up nearly 12% Thursday, placing them among top gainers, boosted by ad-spending outlook.
Reddit's stock rose 6%, which made special funds that bet on Reddit go up twice as much, about 12%. When a company's stock jumps on good news about money coming in, it shows people think the business is doing better.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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