The Question Is Whether To Buy Or Not To Buy Reddit Inc (NYSE: RDDT)

After Hours

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.

Stocks Info

Reddit Inc is listed on the NYSE as a member of the Communication Services sector and is a part of the Internet Content & Information industry. The current market capitalization of Reddit Inc is $35.47B. A total of 5.83 million shares were traded on the day, compared to an average of 6.91M shares.

In the most recent transaction, Slowe Christopher Brian sold 11,000 shares of RDDT for 184.11 per share on Jan 22 ’25. After the transaction, the Chief Technology Officer now owns 311,381 company shares. In a previous transaction on Jan 22 ’25, Slowe Christopher Brian sold 5,000 shares at 184.15 per share. RDDT shares that Chief Technology Officer owns now total 35,252.

Among the insiders who bought shares, SLOWE FAMILY TRUST acquired of 15,000 shares on Jan 22 ’25 at a per-share price of $188.32. In another insider transaction, Wong Jennifer L. sold 33,334 shares at $173.93 per share on Jan 16 ’25. Company shares held by the Chief Operating Officer now total 1,504,297.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, RDDT has a high of $196.83 and a low of $37.35.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $11.36, while its Total Shareholder’s Equity was -$286.01M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 4.11.

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