Reddit Stock Update: What to Expect After the 15% Fall?

Category: Finance

Reddit (RDDT) reported Q4 earnings of $0.36 per share on $428 million in sales, exceeding estimates. However, daily active users (DAUs) fell short, causing a 15% drop in stock price. Despite strong revenue growth and improved profitability, the stock remains volatile. Analysts suggest potential buying opportunities as the company expects continued revenue growth.

Keywords: Reddit, Q4 earnings, RDDT stock

Source: Trefis

Update At: 2/14/2025

Related Sources

Netflix Bulls Bet On ‘Bridgerton’ Keeping Subscriber Gains Going

Netflix Inc. analysts are increasing their price targets in anticipation of strong subscriber growth driven by popular shows like Bridgerton.

Bloomberg

BlackRock pulls 2022 ad showing Trump gunman - Crypto Briefing

BlackRock condemns the attack on former President Trump by a 20-year-old at a Pennsylvania rally, who briefly appeared in one of their ads. The company removed the ad, expressed gratitude that Trump was not seriously injured, and extended condolences to the victims. BlackRock, a major asset manager, has made significant advancements in the crypto and blockchain markets, including launching the iShares Bitcoin Trust and integrating with Coinbase's crypto exchange.

Crypto Briefing

BlackRock (BLK) Reports Q2 Revenue of $4.78B, EPS $9.96

BlackRock, the world's largest asset manager, reported a rise in assets under management to $10.6 trillion in the second quarter, with earnings per share increasing to $9.99. The company is the largest public holder of bitcoin through its iShares Bitcoin Trust. BlackRock shares rose 1.2% to $838 in pre-market trading.

Coindesk

Netflix, Goldman Sachs, J&J, ASML Lead Q2 Reports This Week As Analysts See Earnings Growth Accelerating To Fastest In Over 2 Years - SPDR S&P 500 (ARCA:SPY) - Benzinga

The second-quarter reporting season started with big bank earnings affecting investor reactions. Despite some setbacks, optimism remains high for a healthy earnings season ahead.

Benzinga

European markets: Traders assess effect of Trump assassination attempt

European and Asian markets started the week lower as they assess the impact of an assassination attempt on former U.S. President Donald Trump. European stocks were down, with mining and utility sectors leading the losses. In contrast, Wall Street saw a strong start with the Dow Jones climbing to a new record high. The shooting raised Trump's odds of winning back the White House, potentially boosting U.S. stocks in the short term. China's economy grew 4.7% in the second quarter, missing expectations.

CNBC

LIVE: FTSE 100 and European markets down, US up as bets on Trump ramp up

The latest investor updates on stocks that are trending on Monday, including the performance of FTSE 100 and European stocks, US markets, Apple stock, Macy's, Goldman Sachs, Trump Media, Bitcoin, UK house prices, and more.

Yahoo Finance UK

EU firms slash outlook as US earnings season picking up

Former President Trump survived an assassination attempt at a rally in Pennsylvania. Fed's Powell to speak on inflation data. China's economic data shows slower growth. EU companies slash outlook. Alphabet in talks to acquire cybersecurity firm. Market indices open lower. Various economic indicators reported.

FXStreet

London midday: Stocks down but off lows after Burberry warning, China data - Sharecast.com

London stocks were down following disappointing Chinese GDP figures and a profit warning from Burberry. The markets remained calm despite an assassination attempt on US presidential candidate Donald Trump. Chinese growth slowed to 4.7% year-on-year. UK house prices dipped in July. Burberry tumbled after issuing a profit warning. Ocado tanked after a downgrade. BP and Robert Walters also experienced declines.

Sharecast.com

Wall Street Stocks Advance After Trump Shooting | Barron's

Wall Street stocks rise as traders weigh the impact of the failed assassination attempt on Donald Trump. European stocks lower, luxury sector affected. China's top leadership meeting in Beijing. Market updates for various indices and currency exchange rates.

Barron's

FTSE falls after Trump shooting attempt, Burberry cuts dividend

FTSE 100 softens after the attempted assassination of Donald Trump, Burberry drops 15% after suspending its dividend. Analysts suggest Trump's chances at the polls may have improved. Bitcoin jumps 5% to $62,831.

Citywire