Reddit, headquartered in San Francisco with 2,013 employees, is an online platform for content creation and discussions, enabling users to form communities. The company went public on March 21, 2024.
RDDT has been in the news recently: Goldman Sachs has increased Nvidia's price target to $240, anticipating a positive response from stocks following strong guidance. Meanwhile, Reddit, Inc. saw its shares rise 14% after reporting a 68% revenue increase and projecting higher sales for the upcoming quarter.
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