About the Company
Reddit ( RED-it) is an American proprietary social news aggregation and forum social media platform. Registered users (commonly referred to as "redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down ("upvoted" or "downvoted") by other members. Posts are organized by subject into user-created boards called "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communities. Moderation is also conducted by community-specific moderators, who are unpaid volunteers. It is operated by Reddit, Inc., based in San Francisco. As of February 2025, Reddit is the ninth-most-visited website in the world. According to data provided by Similarweb, 51.75% of the website traffic comes from the United States, followed by Canada at 7.01%, the United Kingdom at 6.97%, Australia at 3.97%, Germany at 3%, and the remaining 28.37% split among other countries. Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian, as well as Aaron Swartz in 2005. Condé Nast Publications acquired the site in October 2006. In 2011, Reddit became an independent subsidiary of Condé Nast's parent company, Advance Publications. Reddit debuted on the stock market on the morning of March 21, 2024, with the ticker symbol RDDT. The current market cap as of July 2024 is US$10 billion. Reddit has been noted for its role in political activism, particularly in the United States, with notable left-wing and anti-theist subcultures on the website. It has received praise for many of its features, such as the ability to create several subreddits for niche communities. It has been criticized for the spread of misinformation and its voting system which can encourage online echo chambers. In its early years it received controversy over hosting misogynistic content, including the doxing of erotic models and revenge porn.
Exchange
NYSE
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Latest News on Reddit, Inc.
Is Reddit Stock Too Hot, or Just Right?
After spending much of the spring under significant selling pressure, shares of Reddit Inc. (NYSE: RDDT) have been roaring ...
Reddit, Inc. (RDDT) Is One Of The “Most Undervalued Companies,” Says Jim Cramer
We recently published 9 Stocks Jim Cramer Discussed As He Mentioned Trump & Intel’s CEO. Reddit, Inc. (NYSE:RDDT) is one of ...
Reddit (RDDT) Climbs 26% on Strong Earnings
We recently published 10 Stocks With Surprising Gains. Time to Sell? Reddit, Inc. (NYSE:RDDT) is one of the companies that stood stronger last week. Reddit saw its share prices surge by 26.04 percent ...
Reddit, Inc. (RDDT)
Find the latest Reddit, Inc. (RDDT) stock quote, history, news and other vital information to help you with your stock trading and investing.
Jim Cramer Says “Reddit’s Got A Lot More Room to Run”
I gotta tell you, I think Reddit’s got a lot more room to run. I’m not kidding. This one’s been a huge winner for us.
Cramer Says “Reddit Demonstrates the Increasing Value of Human Intelligence”
Let me start with Reddit. I use Reddit pretty aggressively. It’s a terrific product. My wife uses it to sell… her mezcal ...
Reddit says its blocking the Internet Archive to stop sneaky AI scrapers accessing its content
Reddit Inc. said today it has decided to block the Internet Archive from indexing its popular web forums in order to prevent sneaky artificial intelligence firms from scraping its content for training ...
Reddit Stock Is Trading Higher Friday: What's Going On?
Reddit shares are trading higher Friday after the company reported better-than-expected second quarter financial results and issued third quarter sales guidance above estimates on Thursday after the ...
What's Going On With Reddit Stock Today? - Reddit (NYSE:RDDT)
Reddit Inc (NYSE:RDDT) shares are trading higher Thursday. The company announced an expanded partnership with Sprinklr Inc (NYSE:CXM) covering both Reddit's Data API and Advertising API.
Reddit, Inc. (RDDT) Q2 2024 Earnings Call Transcript
Reddit, Inc. (NYSE:RDDT) Q2 2024 Results Conference Call August 6, 2024 5:00 PM ETCompany ParticipantsJesse Rose - Head of Investor RelationsSteve Huffman - ...
Reddit Stock Extends Recovery Thanks To Surprise Q2 Report
At last glance, RDDT is up 15.06% to trade at $184.78, on track for its best single-session gain since April 9. Out of the gate this morning, the stock hit $192.57, its highest level since February 18 ...
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