Reddit stock, officially known as RDDT, represents shares in the social media platform Reddit, which went public in March 2024. The company's platform hosts a vast network of user-generated content organized into communities called subreddits, covering a wide range of topics. Investing in Reddit stock is considered a bet on the company's ability to grow its user base, increase advertising revenue, and potentially monetize its data. However, it's also associated with risks such as competition from other social media platforms, content moderation challenges, and the inherent volatility of the stock market, particularly for newly public companies.
