From Yahoo Finance: 2025-04-26 14:04:00

Last week, Reddit Inc. (RDDT) saw a 22.8% increase in share prices to $118.10 following an expansion of its AI-powered interface, Reddit Answers, into eight countries. The platform allows users to ask questions and receive answers in a conversational manner, accessible on web, Android, and iOS.

Reddit Answers differentiates itself from generic AI chatbots by leveraging data within the Reddit site. Launched in the US in December 2024, the platform aims to improve search experience through speed and relevance. RDDT will release operational and financial highlights on May 1, 2025, with a focus on AI stock potential.

Ten companies outperformed major indices last week with double-digit gains driven by catalysts like upcoming earnings. The Nasdaq rose 6.7%, S&P 500 by 4.59%, and Dow Jones by 2.48%. Stocks were selected based on highest percentage increase in closing prices from April 17 to April 25, with a $2 billion market cap and $5 million trading volume.

Read more: Why Reddit Inc. (RDDT) Soared Last Week