Reddit Q3 Earnings: Smashing Expectations
In what is a nice change of pace for earnings we’ve covered so far this earnings season, Reddit (NYSE: RDDT) has seen a massively positive response to its third quarter results.
The company saw its stock soar 24% in after hours trading, crossing the $100 line following the release of their results. We’ve covered Reddit in the past and made a bull call back when the stock was $60, over on the SmallCapSteve Channel and substack.
What’s our take on the earnings? What causing the run? And why should we care?
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
