Reddit Inc. (NYSE:RDDT) soared 12.04% on Tuesday to $218.48 per share as investors hunted for bargains. Key executives, including CEO Steve Huffman, disposed of significant shares last week, with Huffman alone selling $7.56 million worth. In recent news, RDDT saw net income rise 443% to $163 million and revenues increase by 68% to $585 million year-on-year. Looking forward, the company targets fourth-quarter revenues between $655 million and $665 million.

Read more at Yahoo Finance: Reddit (RDDT) Soars 12% on Bargain-Hunting, Key Execs Dispose of Shares