After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
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Stocks Info
This NYSE-listed company operates within the Internet Content & Information industry segment, falling under the Communication Services sector. The current market capitalization of Reddit Inc. is $10.89B. A total of 3.6 million shares were traded on the day, compared to an average of 3.65M shares.
In the most recent transaction, Vollero Andrew sold 50,580 shares of RDDT for 58.94 per share on May 23 ’24. After the transaction, the Chief Financial Officer now owns 631,080 company shares. In a previous transaction on May 23 ’24, Huffman Steve Ladd sold 42,299 shares at 58.94 per share. RDDT shares that CEO & President owns now total 689,157.
Among the insiders who sold shares, Wong Jennifer L. disposed of 40,139 shares on May 23 ’24 at a per-share price of $58.94. This resulted in the Chief Operating Officer holding 1,600,628 shares of RDDT after the transaction. In another insider transaction, Slowe Christopher Brian sold 33,019 shares at $58.94 per share on May 23 ’24. Company shares held by the Chief Technology Officer now total 380,665.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, RDDT has a high of $74.90 and a low of $37.35.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. RDDT’s latest balance sheet shows that the firm has $1.41B in Cash & Short Term Investments as of fiscal 2021. There were $13.46M in debt and $70.46M in liabilities at the time. Its Book Value Per Share was $11.25, while its Total Shareholder’s Equity was -$286.01M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RDDT is Buy with a score of 3.87.
