Why Reddit Stock Was Moving Higher This Week

From Nasdaq: 2025-06-19 22:04:00

Shares of Reddit (NYSE: RDDT) surged 19.4% this week after launching two new AI-powered advertising tools and receiving positive analyst commentary. Reddit introduced Reddit Community Intelligence at Cannes Lions festival, offering insights from 22 million posts. The new tools, Reddit Insights and Conversation Summary Add-ons, aim to enhance ad campaigns and placements. Reddit’s stock also rose 5.5% on Wednesday. Despite doubts about sustaining growth, the company’s AI advertising tools could drive further success. Consideration is advised before investing in Reddit, as other stocks may offer better returns, according to The Motley Fool.



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