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0 -6.71231037724482E-05 -0.000590683313196552 -0.00180695395355089 -0.00241643173580355 -0.00362464760370533 -0.00322190898107141 -0.00335615518861592
Stock impact report

Reddit Earnings Forecast Spark Community Debate About Platform's Value [Yahoo! Finance]

CAVA Group, Inc. (CAVA) 
Company Research Source: Yahoo! Finance
The stock is up 1.74% over the past month and up 2.72% over the past five days. After the stock's initial plunge post-IPO on March 21, it hadn't moved much. Reddit stock investors now pegged their hopes on the first-quarter earnings to move the needle. As Reddit's earnings announcement loomed, discussions on r/wallstreetbets were heating up with users like Capable-Jicama2155 advocating for a bullish stance on the platform's future. Despite Reddit's status as the third most-visited website in the U.S., its market cap sits at a modest $7 billion, prompting comparisons to companies like CAVA Group Inc (NYSE: CAVA ), which boasts a market cap of $8 billion. 3Redditors found Reddit's potential for growth intriguing, especially with its unique user data and high ceiling for user-generated content, rivaled only by YouTube. Also Read: Trump Media Vs. Reddit — Analyzing The Showdown Of Social Media Giants However, not all Redditors found this convincing. Some, like margalolwut, note Show less Read more
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