Is Now the Time to Buy Reddit Stock?

11.12.24 16:21 Uhr

Werte in diesem Artikel
Aktien

12,60 EUR -0,10 EUR -0,79%

180,89 USD 3,15 USD 1,77%

Shares of social media giant Reddit (NYSE: RDDT) have been on a rocketship since its IPO in March. The stock debuted at $34 per share and closed the day up 48%, but that was nothing compared to what was to come.On Dec. 9, shares hit a jaw-dropping 52-week high of $180.74, a massive 432% increase from its IPO price. The stock could go even higher, especially since the fourth quarter is historically when Reddit sees increased consumer usage and revenue.Does that mean now is the time to scoop up shares? Before deciding to buy, let's first assess whether Reddit makes a worthwhile long-term investment. If so, then it's time to consider whether now is the time to purchase shares.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Ausgewählte Hebelprodukte auf NOW

Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf NOW

NameHebelKOEmittent
NameHebelKOEmittent
Wer­bung

Quelle: MotleyFool

Nachrichten zu Reddit

Wer­bung