2 hours ago
Reddit, Inc. (RDDT) Stock: Drops Despite 74% Net Income Growth and $895 Million Revenue
TLDR Reddit stock plunges 16.67% after hours despite 53% revenue growth to $895 million. Reddit reports $283 million in net income as RDDT shares tumble to $108 after hours. Reddit revenue jumps 53% as advertising sales climb 54% to $847 million in Q3 2026. Reddit stock slides despite 74% net income growth and nearly doubled [...]
The post Reddit, Inc. (RDDT) Stock: Drops Despite 74% Net Income Growth and $895 Million Revenue appeared first on Blockonomi.
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