Why Reddit Inc. (RDDT) increased last week

We recently published a list of Why these 10 companies recorded two -digit earnings last week. In this article, let’s take a look at where Reddit Inc. (NYSE: RDDT) is against other companies that recorded two digits last week.

Ten companies finished last week of negotiation with a high note, surpassing the three main rates with two -digit earnings in the middle of catalysts, including the next results, which resulted in buying.

The Nasdaq met 6.7 percent, the S&P 500 won a 4.59 percent gain, while the Dow Jones increased by 2.48 percent.

In this article, we listed the 10 best actions last week and detailed the reasons for their benefits. Stocks were chosen based on the highest percentage of closing prices on April 25 in front of their prices on April 17 or the previous week.

To present the list, we only considered companies with a market capitalization of $ 2 billion and a negotiation volume of $ 5 million.

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Reddit Inc. (NYSE: RDDT)

Reddit Inc. He saw that his actions prices jumped 22.8 percent weekly to end $ 118.10 on Friday as opposed to $ 96.16 registered on April 17 after the news extended his “reddit” interface to eight countries.

According to Reddit Inc. (NYSE: RDDT), Reddit Answers is now available in Australia, Canada, India, Malaysia, Pakistan, Philippines, Singapore and the United Kingdom.

Reddit Answers is an artificial interface fueled by intelligence that allows users to ask questions and receive answers in a conversation way. The new platform is accessible to its website, to Android Ia iOS.

Unlike the generic AI Chatbots such as Chatgpt and Gemini, Reddit responds to Reddit site data.

Reddit answers made his debut in the United States in December 2024 to try to improve the search experience doing -faster, smart and more relevant. So far, the interface platform only supports the English language.

In the meantime, Reddit Inc. (NYSE: RDDT) It is planned to publish the results of its most prominent and financial moments after the market closure on Thursday, May 1, 2025.

Usually rddt 6th In our list of companies that recorded two digits last week. Although we recognize the potential of the RDDT as an investment, our conviction lies in the belief that the actions of the AI ​​have a greater promise to obtain higher returns and to do it in a shorter period. There is an AI stock that increased since the beginning of 2025, while the popular AI actions lost around 25%. If you are looking for a stock of Ia more promising than the RDDT but you are quoting less than five times, see our report on this Ia stock cheap.