NYSE:RDDT - New York Stock Exchange, Inc. - US75734B1008 - Common Stock - Currency: USD
Let's have a look at what is happening on the US markets after the closing bell on Thursday. Below you can find the top gainers and losers in today's after hours session.
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The company crushed analyst estimates in its first quarter, but for many investors it didn't crush them enough. Regardless, several analysts cut their price targets just after the earnings release was published. With a nearly 39% stock price decline this week, according to data compiled by S&P Global Market Intelligence, GeneDx Holdings (NASDAQ: WGS) was deep in the doghouse with investors.
Reddit executives offered more color and insight into future growth on the company's earnings call with analysts.
Reddit stock rises after a strong Q1 earnings beat, with analysts highlighting ad strategy gains, user growth, and a solid 2025 outlook.
A possible thawing in US-China trade tensions boosted spirits after earnings from Apple and Amazon shed light on the likely cost of tariffs.
Reddit stock tumbled Friday despite a first quarter earnings beat as investors worried about the company's daily active user growth and changes to Google's Search algorithm.
Airline, defense supplier Loar Holdings, Inc. (LOAR) attracts Big Money after record sales.
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(Reuters) -Reddit forecast second-quarter revenue above Wall Street estimates on Thursday, betting on growing digital advertising spend on the social media platform despite uncertainty over marketing budgets. The company's shares, which rose as much as 20% in extended trading, pared gains to trade up 7%, after CEO Steve Huffman said on a post-earning call that the company expects some disruption for daily active users from Google search. "We do expect some bumps along the way from Google, because we've already seen a few this year," Huffman said, adding that the search ecosystem was undergoing significant changes, which could prompt frequent near-term disruptions.
On the earnings call, CEO Steve Huffman said the company expects some bumps due to the Google algorithm changes.
Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy reinforced his mission to return the e-commerce giant to its startup roots during remarks at the Harvard Business Review Leadership Summit on Monday, emphasizing improved collaboration from the company’s return-to-office mandate and streamlined management. What Happened: Jassy, who succeeded Jeff Bezos as CEO in 2021, brings nearly three decades of Amazon experience, including his pivotal role in building Amazon Web Services (AWS) from a small team to
Microsoft and Meta's strong earnings reports eased investor fears of an economic slowdown amid President Trump's tariffs.
Both "Mag 7" stocks are trading lower on quarterly earnings, while Reddit and Twilio are jumping higher following theirs.
While the top- and bottom-line numbers for Reddit Inc. (RDDT) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Reddit Inc. (RDDT) delivered earnings and revenue surprises of 550% and 5.45%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
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Huntington Ingalls has been a laggard for years, weighed down by low-margin contracts. Washington is increasingly focused on shipbuilding, which should create opportunities for the company in the years to come. The U.S. shipbuilding industry has been in a lull since the height of the pandemic, with companies tied to pre-COVID contracts that are not nearly as profitable now.
Reddit stock surged late Thursday on a strong Q1 report and better-than-expected Q2 sales forecast despite tariff fears.
SAN FRANCISCO (Reuters) -Apple on Thursday trimmed its share buyback program by $10 billion, with CEO Tim Cook telling analysts that tariffs could add about $900 million in costs this quarter as the iPhone maker shifts its vast supply chain to minimize the impact of President Donald Trump's trade war. Cook also said Apple's planned $500 billion in spending to expand its U.S. footprint would involve both capital outlays and increased operational expenses as it builds out server and chip factories with its manufacturing partners. In addition, he outlined how Apple has started to build up a stockpile of products so that the majority of its devices sold in the U.S. this quarter will not come from China.
Online community and discussion platform Reddit (NYSE:RDDT) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 61.5% year on year to $392.4 million. On top of that, next quarter’s revenue guidance ($420 million at the midpoint) was surprisingly good and 6.6% above what analysts were expecting. Its GAAP profit of $0.13 per share was significantly above analysts’ consensus estimates.
Reddit Inc. shares jumped after it said revenue in the current quarter will be better than estimates, a sign that a broader dip in the economy hasn’t yet dented the digital advertising industry.
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We recently published a list of These 10 Firms Were Battered by Dismal Earnings, Outlook Guidance. In this article, we are going to take a look at where Archer Aviation Inc. (NYSE:ACHR) stands against other worst-performing stocks on Wednesday. A lackluster trading persisted on the stock market anew on Wednesday, with the three major indices […]
We recently published a list of These 10 Firms Were Battered by Dismal Earnings, Outlook Guidance. In this article, we are going to take a look at where Reddit Inc. (NYSE:RDDT) stands against other worst-performing stocks on Wednesday. A lackluster trading persisted on the stock market anew on Wednesday, with the three major indices finishing […]
We recently published a list of 11 Best Buy-the-Dip Stocks to Buy Now. In this article, we are going to take a look at where Freshpet, Inc. (NASDAQ:FRPT) stands against other best buy-the-dip stocks to buy now. As volatility rises, AllianceBernstein believes that staying invested remains a strategic priority to capture the long-term return potential in a […]
Reddit will report first-quarter results tomorrow, and some analysts are estimating falling earnings. Investors should wait for the company's latest results before deciding on the stock either way. Shares of the social media company Reddit (NYSE: RDDT) were tumbling this morning ahead of the release of the company's first-quarter results tomorrow.
We recently published a list of Billionaire Michael Platt’s 10 Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where Reddit Inc. (NYSE:RDDT) stands against other billionaire Michael Platt’s stock picks with huge upside potential. Michael Platt is the co-founder and CEO of BlueCrest Capital Management, which was […]
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Online community and discussion platform Reddit (NYSE:RDDT) will be announcing earnings results tomorrow afternoon. Here’s what to expect.