Sector: Internet Content & Information / Communication Services
Headquarters: San Francisco, California
Overview: Reddit, Inc. operates a website that organizes digital communities. Users can engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another based on specific interests. The company was founded in 2005 and has become a popular platform for online discussions and content sharing.
Interestingly, Reddit reserves 8% of its shares for sale to eligible users, moderators of the user-run website, board members, and close friends and family of Reddit employees. This unique approach reflects the company’s commitment to involving its community in its growth.
Keep in mind that stock prices can fluctuate, so it’s essential to stay informed about any developments related to RDDT. If you’re considering investing, I recommend doing further research and consulting with a financial advisor.
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Yahoo Finance – RDDT
WSJ – RDDT
Seeking Alpha – RDDT
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