RDDT
Reddit, Inc. · Communication Services · Internet Content & Information
$159.91
+2.20% today · +8.15% 1W
Oct 9 close or latest
ReadoutWhy it's moving
Up on new advertising tools launch
- RDDT +2.20% on the last session vs SPY +0.60%: +1.6 pts of stock-specific move.
- News: Reddit launched new lead generation ad tools and AI-powered Max campaigns, per finance.yahoo.com. (finance.yahoo.com)
- 12 Reddit mentions in the past 24 hours, 81% positive over the week.
- 1 analyst action in the past 10 days (0 positive, 0 negative); latest: Needham reiterated Buy, target $300.
- 3 insider or congressional trades in the past 30 days.
- Market backdrop (Wed): Minutes of the Federal Open Market Committee, September 15-16, 2026; S&P futures +0.03%, 10-year yield -1bp in the 30 minutes after.
Assembled from Wallsti's own signals and the session's headlines and filings read by AI (Claude); it can misread, so the sources are linked.
Activity & positioning
- Volume
- 1.1× its 20-day averageOct 9 session
- Short interest
- 13.7% of float · +18% vs prior report · 3.2 days to cover as of Sep 15
- Options volume
- 32,285 calls · 10,642 puts (put/call 0.33)Oct 9; averages after 10 sessions
- Implied volatility
- 50% (-5.1 pts) at the money, Oct 16 expiry
- Options-implied move
- ±12.6% through the Oct 29 earnings
Moved with
Communications ETF (XLC) -1.5% -2.1 pts vs SPY
Headlines
- Everything Is Too Expensive So The Advice Is Always 'Learn To Do It Yourself.' How Many Jobs Am I Supposed To Learn Just To Stay Middle Class?
- After Divorce, 46-Year-Old Has $300K In Retirement Savings And Nearly $93K In Debt — ‘I Feel It’s Manageable’
- Reddit (RDDT) Stock Is Up, What You Need To Know
- Reddit Inc. (RDDT) Surpasses Market Returns: Some Facts Worth Knowing
- Reddit Has Lost 40% Since January: Needham Sees 92% Upside
- Reddit gains advertiser budgets as agencies see digital spending hold up
- My Dad Did Everything Right For 25 Years And Died With $1.4M – But No Will, No Trust, No Power Of Attorney Left Us Locked Out While Accounts Dwindled
- Worker With $600 Saved Says, ‘I’m Ready To Move Out’ At 34, But $22,500 In Debt Has Them Feeling ‘So Behind In Life’
- If The Economy Is In Distress, Why Are Flights Sold Out, Hotels Booked And Restaurants Have Wait Times? Where Are The Signs Of Recession?
- MARKETS LIVE: Wall Street rises as tech stocks recover; FTSE closes higher
- Is Reddit (RDDT) Still Below Fair Value After Its New Ad Tools Launch?
Fetched hourly from Yahoo Finance (the stock) and Google News (its themes). ✦ marks the headline an AI-read catalyst cited.
Key facts
- Market cap
- $30.8B
- Held by institutions
- 88.9%
- 52-week range
- 119.27–263.50
- Analyst mean target
- $213.71
- Next earnings
- Oct 29 AMC
- Forward P/E
- 16.5
Recent events
Analyst
Needham reiterated Buy, target $300News (AI read) ▲
Reddit launched new lead generation ad tools and AI-powered Max campaigns, per finance.yahoo.com. · finance.yahoo.comNews (AI read) ▲
Reddit launched lead generation ad tools, CRM integrations, and AI-powered Max campaigns (finance.yahoo.com).News (AI read) ▲
No specific news explains the move within the window.Insider ▼
Steve Ladd Huffman (CEO & President, Director, 10% owner) sold 17,308 shares ($2.5M) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingAnalyst ▼
DA Davidson maintained Buy, lowered target $200 → $185Insider ▼
Steve Ladd Huffman (CEO & President, Director, 10% owner) sold 17,308 shares ($2.8M) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingInsider ▼
Jennifer L. Wong (Chief Operating Officer) sold 60,000 shares ($9.7M) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingInsider ▼
Steve Ladd Huffman (CEO & President, Director, 10% owner) sold 18,000 shares ($2.7M) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingInsider ▼
Robert A. Sauerberg (Director) sold 5,128 shares ($820.1K), not under a 10b5-1 plan unplanned · filingAnalyst ▼
Morgan Stanley maintained Overweight, lowered target $240 → $210Insider
Andrew Vollero (Chief Financial Officer) had 10,319 shares ($1.6M) withheld to pay taxes on vesting stock tax withholding · filing