3 Things You Have to Know About Reddit’s IPO

From Nasdaq: 2024-03-26 17:41:02

Reddit (NYSE: RDDT) has recently gone public, but there are concerns about its riskiness as an investment. Travis Hoium discusses three key points investors should know before considering Reddit stock. As of March 23, 2024, the stock may not be a wise buy based on current factors.

Before investing in Reddit, it’s important to note that the Motley Fool Stock Advisor team did not select Reddit as one of the top 10 stocks to buy now. They have identified other stocks that they believe have the potential for significant returns in the future. The Stock Advisor service has outperformed the S&P 500 since 2002.

Travis Hoium, a contributor to The Motley Fool, has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Tencent. It’s important to consider all available information and advice before making any investment decisions. Make sure to do your own research and understand the risks associated with any investment.



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