We recently compiled a list of the 10 Firms Suffer Steep Downfall on Monday. In this article, we are going to take a look at where Reddit, Inc. (NYSE:RDDT) stands against the other stocks. Ten companies kicked off Monday’s trading in a bloodbath, mirroring the broader market pessimism, with valuations slashed by double digits mostly due […]
Wow, reddit is actually up 164% since IPO. Did not expect that at all
If the GME/AMC story taught me anything, the price of a stock doesn’t necessarily reflect the value of the company. It’s just what people are willing to buy/sell the stock for.