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Stock impact report

Reddit Stock: Highly Valuable Data In The AI Era [Seeking Alpha]

Similarweb Ltd. Ordinary Shares (SMWB) 
Company Research Source: Seeking Alpha
In terms of user engagement, Reddit notched 3.8 billion visits in September, down (5.4%) MoM after rising 1.5% MoM in August, per Similarweb, slightly underperforming Facebook. Reddit is trading at a forward P/S ratio of 15.9x and is more than double of Meta's forward P/S ratio of 7.4x. stockcam/iStock Unreleased via Getty Images Reddit represents monetization momentum in the AI era as its data is highly valuable for training LLMs. There is something far more important that Reddit provides in the AI era than simply a forum; rather Reddit offers a continuous supply of human-generated More on my IG service Special Black Friday Sale , with a 20% discount off all Tech Insider Network subscriptions. Offer begins November 12th and ends December 3rd. Learn more here. This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of RDDT either through stock ownership, options, or other derivatives. I wrote this article myself, and it exp Show less Read more
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