Reddit, Inc.
RDDT
9 Followers
April 30
Upcoming Earnings
$18B
Market Cap.
-40.39
P/E
RDDT Fair Price
$46.59
Overvalued by 41.9%
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My Notes
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Investors, have you ever bought shares in an IPO?
I've never bought, because usually after a while there is a drop anyway, so I usually just watch the IPO. I guess my only regret is that I didn't bet a little on $RDDT-2.9%.
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Investors, have you ever bought shares in an IPO?
I've never bought, because usually after a while there is a drop anyway, so I usually just watch the IPO. I guess my only regret is that I didn't bet a little on $RDDT-2.9%.
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$98.18 -$2.97 -2.94%
Thus, Reddit's stock is up more than 160% this year. I honestly wasn't expecting such a rise, and maybe I'm a little disappointed that I didn't buy a few shares after the IPO. I wouldn't buy now though, as I don't see why $RDDT-2.9%stock should rise in the long term.
What's your take on Reddit?
Reddit, Inc.
RDDTZobrazit další komentáře
IPOs are interesting opportunities, but I wouldn't buy now. Revenues and earnings are up, but the valuation and P/E are very high.
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Reddit: Financial success and growth potential
Shares of Reddit $RDDT-2.9% rose 22% after the company posted third-quarter results, which saw earnings per share of 16 cents and revenue of $348.4 million, beating analysts' expectations. The number of daily active users grew 47% year-on-year to 97.2 million, strengthening the platform's position in the social media market. Reddit...
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Occasionally there are some interesting IPOs, but mostly I just watch.