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Stock impact report

Reddit: Too Much Love [Seeking Alpha]

Reddit, Inc. Class A (RDDT) 
Company Research Source: Seeking Alpha
The company is set to report its first quarterly results since going public, which will be a key event for investors. The stock already trades at a P/S multiple 10x the fully diluted valuation, despite Reddit having a long history of losses. The recent IPO of Reddit, Inc. NYSE: RDDT ) started too hot, and the stock isn't much of a bargain after the recent dip. The social media company has not generated anything impressive over a long history of operations to Recommended For You Recommended For You Show less Read more
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