REDDIT, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Reddit, Inc.’s Directors and Officers for Breach of Fiduciary Duties – RDDT
Reddit, Inc. Class A (RDDT)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP has launched an urgent investigation into whether certain officers and directors of Reddit, Inc. (NYSE: RDDT) failed to manage Reddit in an acceptable manner, breaching their fiduciary duties to Reddit, and whether Reddit and its shareholders have suffered damages as a result. Attorney Joseph A. Pettigrew is heading the investigation—what shareholders need to know:On May 1, 2025, Reddit announced “short-term bumps,” including a third consecutive quarter in slowing growth in daily active users. The following day, Reddit’s common stock dropped 4.2%.On February 24, 2026, the UK’s Information Commissioner’s Office announced a fine against Reddit equal to $19.5 million for unlawful collection and use of data of children under 13.If you own Reddit common stock, join our investigation on behalf of Reddit and its shareholders by filling out the form below.If you own Reddit common stock and you wish to discuss this investigation—a
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RDDT
News
- Reddit (NYSE:RDDT) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=RDDT&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from MarketBeat
- Reddit (NYSE:RDDT) was given a new $196.00 price target on by analysts at Wells Fargo & Company.MarketBeat
- Reddit (NYSE:RDDT) had its price target lowered by analysts at JPMorgan Chase & Co. from $227.00 to $200.00. They now have a "neutral" rating on the stock.MarketBeat
- Reddit (NYSE:RDDT) was given a new $290.00 price target on by analysts at Evercore ISI. They now have an "outperform" rating on the stock.MarketBeat
- Reddit (NYSE:RDDT) had its price target raised by analysts at B. Riley Securities from $245.00 to $250.00. They now have a "buy" rating on the stock.MarketBeat
RDDT
Earnings
- 2/5/26 - Beat
RDDT
Sec Filings
- 3/3/26 - Form 4
- 2/27/26 - Form 144
- 2/24/26 - Form 4
- RDDT's page on the SEC website