Reddit, Inc. (RDDT)
Reddit, Inc. operates in the Internet Content & Information industry of the Communication Services sector, headquartered in San Francisco, CA, US. The stock last traded at $168.29, down 5.50% on the session, giving a market capitalisation of $32.40B. On trailing twelve-month figures it carries a trailing P/E of 36.82, a net margin of 31.3%. Its beta of 2.03 implies it has historically moved more than the broad market.
Reddit, Inc. oversees an internet-based service dedicated to fostering diverse online communities. This platform categorizes groups by shared passions, enabling its users to participate in dialogues through recounting experiences, sharing external web addresses, uploading visual and video content, and engaging in direct replies. Founded in 2005, the corporation maintains its central operations in San Francisco, California. Reddit, Inc. also functions as a controlled subsidiary of Advance Publications, Inc.
Reddit, Inc. is most often compared with the following Communication Services names: