Reddit Inc Class A Shares
RDDT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| w?@ | LOCK|KTs?> | LOCK|cqN$bL# |
Reddit Earnings: User Growth Fears Weigh on Stock Even as Ad Engine Remains Strong
Reddit reported third-quarter results, with sales up 53% to $895 million and adjusted EBITDA margins up 5 points to 45%. Shares traded down, likely because investors worry that Google traffic to Reddit is hurting fourth-quarter user count and monetization.
