Reddit stock

2024 - 3 - 25

Is Reddit Stock The New Meme Stock Craze?

AI - Bull Market - Investing - IPO - Meme Stocks - Options Trading - Reddit - Social Media - Stock Market

🚀 Reddit's stock had a bombastic debut on the NYSE, sparking talks of a new meme stock trend. 📈

Reddit's stock made a grand entrance on the NYSE, with a 30% rise in its first trading session. Investors eagerly watched as Reddit's IPO marked a possible resurgence in the IPO market after a period of dormancy influenced by high inflation and market uncertainties. The social media company's shares soared, drawing attention to the possibility of a new meme stock emerging in the financial landscape.

Following its blockbuster IPO, Reddit's stock exploded once again as options gained traction among bullish investors. Monday saw a flurry of activity with options trading, leading to further excitement and speculation around the future trajectory of Reddit's stock. The surge in investor interest has reignited discussions on the attractiveness of loss-making companies, with Reddit at the forefront of this debate.

The launch of Reddit options on Monday attracted a wave of bullish bets, propelling the social media platform's stock to new heights. Analysts pointed to the options market as a key factor in boosting Reddit's shares, indicating a positive sentiment and growing confidence among investors. The successful IPO and subsequent options trading have placed Reddit firmly in the spotlight, positioning it as a potential game-changer in the stock market.

Tom Bruni, head of market research at Stocktwits, highlighted the remarkable shift in sentiment towards Reddit, noting a significant increase in bullish interest following its IPO. The rise in Reddit's stock price has also drawn attention to the impact of AI-driven analysis on market trends, showcasing the influence of data analytics on stock performance and investor behavior.

Post cover
Image courtesy of "TheStreet"

Is Reddit Stock The New Meme On The Block? (TheStreet)

Reddit's stock had a bombastic first trading session on the NYSE. Could investors be witnessing the birth of a new meme stock?

Post cover
Image courtesy of "CNBC"

Reddit shares rise 30% to start week after social media company's IPO (CNBC)

Investors were monitoring Reddit's stock debut to gauge whether the IPO market might pick up after a long lull due to factors like high inflation, poor market ...

Post cover
Image courtesy of "Yahoo Movies Canada"

Reddit Shares Explode Again As Options Gain Traction With Bulls (Yahoo Movies Canada)

Shares in Reddit, which surged last Thursday in their blockbuster IPO, exploded again Monday as bullish investors bought options on the social media firm.

Post cover
Image courtesy of "Investing.com"

Reddit Stock Surges: Is Investor Appetite for Loss-Making ... (Investing.com)

With Reddit options able to be traded from today, it has sparked discussions about the potential resurgence of investor appetite for loss-making companies.

Post cover
Image courtesy of "Reuters"

Reddit options launch draws bulls, as shares soar (Reuters)

The launch of options on Reddit on Monday drew a flurry of bullish bets that some analysts said helped boost the social media platform's stock after last ...

Post cover
Image courtesy of "Benzinga"

Reddit Stock Is Rising Monday: What's Going On? - Reddit (NYSE ... (Benzinga)

Reddit made its long-awaited entry into the public markets last week in what was the first major IPO of 2024. After pricing its IPO at $34 per share on ...

Post cover
Image courtesy of "Yahoo Finance"

Reddit's Successful IPO Puts These ETFs in Focus (Yahoo Finance)

The popular social media platform Reddit (RDDT) celebrated a triumphant entry to the New York Stock Exchange on Thursday, with its shares skyrocketing 48% ...

Post cover
Image courtesy of "Yahoo Canada Finance"

Reddit options launch draws bulls, as shares soar (Yahoo Canada Finance)

NEW YORK (Reuters) -The launch of options on Reddit on Monday drew a flurry of bullish bets that some analysts said helped boost the social media platform's ...

Post cover
Image courtesy of "Deadline"

Reddit Shares Explode Again As Options Gain Traction With Bulls (Deadline)

Shares in Reddit, which surged last Thursday in their blockbuster IPO, exploded again Monday as bullish investors bought into options on the social media ...

How AI interest in Reddit's user data has helped send its stock soaring (Morningstar.com)

Tom Bruni, head of market research at Stocktwits, told MarketWatch on Monday that sentiment around Reddit was in "extremely bearish" territory prior to its IPO.

Post cover
Image courtesy of "TradingView"

RDDT: Reddit Stock Wobbles in 9% Slide a Day After Blowout IPO ... (TradingView)

Buzzing social media platform is already feeling stomach-churning volatility and it hasn't even been three days of public trading. Key Points:

Post cover
Image courtesy of "Investing.com Canada"

Reddit Stock Surges: Is Investor Appetite for Loss-Making ... (Investing.com Canada)

According to Bloomberg Reddit's option volume topped 8,000 contracts within 45 minutes of trading, “led by a put protecting against a near 50% slide in shares ...

Post cover
Image courtesy of "Yahoo News Canada"

Reddit Shares Explode Again As Options Gain Traction With Bulls (Yahoo News Canada)

Shares in Reddit, which surged last Thursday in their blockbuster IPO, exploded again Monday as bullish investors bought options on the social media firm.

Post cover
Image courtesy of "Motley Fool"

Reddit IPO: Billionaire Investors Are Getting Rich on the New AI ... (Motley Fool)

High-profile investors like OpenAI's Sam Altman and Ark Invest's Cathie Wood own Reddit stock. The company has sold itself as a play on the generative AI boom.

Post cover
Image courtesy of "Investing.com"

Analyst issues a warning as Reddit stock 'goes to the moon' By ... (Investing.com)

Reddit stock surged 20% at the market open on Tuesday, extending its strong gains since debuting via an initial public offering (IPO) last week.

Post cover
Image courtesy of "MarketWatch"

Reddit stock charges higher, even as it picks up a neutral rating (MarketWatch)

Reddit's stock is continuing its sharp ascent in Tuesday trading, even as an analyst took a sidelined stance on the social-media name.

Post cover
Image courtesy of "Investing.com Canada"

Analyst issues a warning as Reddit stock 'goes to the moon' (Investing.com Canada)

Reddit stock surged 20% at the market open on Tuesday, extending its strong gains since debuting via an initial public offering (IPO) last week.

Post cover
Image courtesy of "Yahoo Eurosport UK"

Reddit ignites meme stock resurgence, further signs of 'bull market ... (Yahoo Eurosport UK)

Reddit's stock surge is the latest sign that investors' risk appetite hasn't peaked.

Post cover
Image courtesy of "CNBC"

Reddit investors shrug off hold rating, bid up stock another 15% as ... (CNBC)

Reddit's post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst.

Post cover
Image courtesy of "Reuters"

Reddit shares surge a day after options launch, set to nearly double ... (Reuters)

The stock was also on track to nearly double its IPO price of $34. "More bullish investors have bought options in Reddit, which is part of its early stock ...

Post cover
Image courtesy of "Quartz"

Tesla stock kicks into gear on self-driving and Reddit pops again ... (Quartz)

The Dow hasn't come as close to crossing 40000 for the first time as it did last week.

Explore the last week