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NYSE: RDDT
Reddit (RDDT) stock, explained like you're 5
Reddit trades on the New York Stock Exchange under the ticker RDDT. It is a large cap company in the edp services industry, part of the technology sector, with a market value of about 30.8 billion dollars.
- Ticker
- RDDT
- Exchange
- New York Stock Exchange
- Sector
- Technology
- Industry
- EDP Services
- Size
- Large cap, about 30.8 billion dollars
Is Reddit a small, medium or large cap company?
Yes. Reddit is a large cap stock. Its market cap, which is the total value of all its shares, is about 30.8 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Reddit makes money
- Selling software, hardware or cloud services, often as a subscription.
- Charging businesses and consumers for products they use every day.
- Licensing its technology and selling related services.
What moves RDDT stock
- How fast sales are growing, especially in cloud and AI.
- New product launches and customer wins.
- Competition, regulation and how much the company spends on research.
In the news lately
- Reddit: One's Anonymous Posts Are Someone Else's Sales Pipeline (Seeking Alpha)
- RDDT Stock Plunges After Hours On S&P 500 Exclusion: But Wells Fargo Forecasts $550M AI Deal Jackpot (Stocktwits)
- Cramer points to rare Reddit buy opportunity amid Google AI threat (TheStreet)
- Reddit Stock Jumped 7% in a Day. Here’s Where the Stock Could Go by 2030 (TIKR.com)
- Cramer's lightning round: Buy Reddit (CNBC)
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Questions about Reddit stock
What does Reddit do?
Reddit trades on the New York Stock Exchange under the ticker RDDT. It is a large cap company in the edp services industry, part of the technology sector, with a market value of about 30.8 billion dollars.
What is the ticker symbol for Reddit?
Reddit trades under the ticker RDDT on the New York Stock Exchange.
What is Reddit's market cap?
Reddit is a large cap stock with a market cap of about 30.8 billion dollars.
How does Reddit make money?
Selling software, hardware or cloud services, often as a subscription. Charging businesses and consumers for products they use every day. Licensing its technology and selling related services.
What moves RDDT stock?
How fast sales are growing, especially in cloud and AI. New product launches and customer wins. Competition, regulation and how much the company spends on research.
How can I follow RDDT stock every day?
Add RDDT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.