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Home Market Research Business

Reddit Stock Eyes Breakout On Big Demand, Huge Growth

by TheAdviserMagazine
8 months ago
in Business
Reading Time: 1 min read
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Reddit Stock Eyes Breakout On Big Demand, Huge Growth
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In the latest list of new buys by the best mutual funds, social media leader Reddit (RDDT) saw capital inflows of $3.68 billion over the past several months. Fueled by double-digit sales growth and explosive earnings, that demand has lifted Reddit stock onto the IBD 50 and Investor’s Business Daily’s Leaderboard watchlist. Over the last three quarters, the company has…



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