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Stocks

“Reddit shares soar 11% after company reports revenue pop in debut earnings report”

“…Here’s how the company did: Revenue climbed 48% from $163.7 million a year earlier. The company reported $222.7 million in ad revenue for the period, up 39% year over year, which is a faster rate of growth than at its… Continue Reading…

Stocks

“Reddit shares plunge almost 25% in two days, finish the week below first day close”

“…Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday… Reddit shares started off the week… Continue Reading…

Stocks

“Reddit investors shrug off hold rating, bid up stock another 9% as post-IPO rally continues”

“…The shares climbed 8.8% on Tuesday to close at $65.11. They’re now up 92% since debuting on the stock market last week under ticker symbol “RDDT.” It was the first social media IPO since Pinterest’s offering in 2019. Reddit and existing shareholders sold 22… Continue Reading…

Stocks

“Reddit prices IPO at $34 per share in first major social media offering since 2019”

“Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according to a press release, and values the company at… Continue Reading…

Penny Stocks Picks & Results

“Penny Stocks Are Now The Main Focus For Reddit Investors”

“Recently, Reddit investors have been heavily focusing on trading penny stocks. Why are so many of these social media investors buying penny stocks?… The story of starting small and making it big is ages old. But in 2020 and 2021,… Continue Reading…

Precious Metals, Stocks

“Silver jumps 7% as Reddit traders try their squeeze play with the metal”

“Silver futures traded 7.3% higher at $28.87 an ounce at roughly 11:15 a.m. ET. The metal previously traded up around 11%, which would have marked the largest one-day pop in silver on NYMEX since a 13% spike in March 2009…… Continue Reading…

Cryptocurrencies, Predictions, Opinions, & Comments

“Reddit frenzy pumps up Dogecoin, a cryptocurrency started as a joke, by over 800%”

“Dogecoin, a digital coin originally founded as a joke, has soared over 800% after a Reddit board talked about making it the cryptocurrency equivalent of GameStop. The price of dogecoin stood at $0.070755 at around 12.01 p.m. Singapore, up over 800%… Continue Reading…

Stocks

“Penny Stock’s 1,500% Jump Fueled by Reddit Left CEO Dumbfounded”

“BrainChip Holdings Ltd., an artificial intelligence-focused startup whose flagship product is yet to be made widely available for commercial use, saw its 2020 gains propel to 1,500% earlier this month. While concerns about overheating have seen the stock getting hammered… Continue Reading…