Reported by Yahoo Finance · finance.yahoo.com · August 1, 2026
Reddit just posted one of its best quarters ever. Revenue rose 61% year over year, and profit more than doubled. Guidance topped what Wall Street expected, yet the stock still dropped. That disconnect tells you something important about how investors are thinking about Reddit (RDDT) right now, and ...
What to watch: This report cites a concrete figure (61%) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $GOOGL +0.94%
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