Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. The company is headquartered in San Francisco, California and currently employs 2,233 full-time employees. The company went IPO on 2024-03-21. Reddit is a community of communities. The company is built on shared interests, passion, and trust and is home to open and authentic conversations on the Internet. Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversations, and authentic human connections. Communities on Reddit are organized based on specific interests and are called subreddits. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. On Reddit, users can submit, vote, and comment on the topics they care about. The company has approximately 100,000+ active communities and approximately 101+ million daily active visitors.
Follow-Up Questions
What is the price performance of RDDT stock?
The current price of RDDT is $183.5, it has decreased 2.31% in the last trading day.
What are the primary business themes or industries for Reddit Inc?
Reddit Inc belongs to Media industry and the sector is Communication Services
What is Reddit Inc market cap?
Reddit Inc's current market cap is $34.3B
Is Reddit Inc a buy, sell, or hold?
According to wall street analysts, 27 analysts have made analyst ratings for Reddit Inc, including 9 strong buy, 14 buy, 9 hold, 1 sell, and 9 strong sell
