Why Reddit Stock Is Jumping Today
Reddit (NYSE: RDDT) stock is gaining ground today after the company unveiled new artificial intelligence (AI) tools. The social media specialist's share price was up 6.8% as of 2:30 p.m. ET.Reddit published a blog post yesterday detailing its new Community Intelligence offering and two services that will be included through the platform. The market is having a positive reaction to the new software suite and bidding up the stock in response.Image source: Getty Images.Continue reading
Reddit (NYSE: RDDT) stock is gaining ground today after the company unveiled new artificial intelligence (AI) tools. The social media specialist's share price was up 6.8% as of 2:30 p.m. ET.
Reddit published a blog post yesterday detailing its new Community Intelligence offering and two services that will be included through the platform. The market is having a positive reaction to the new software suite and bidding up the stock in response.
Image source: Getty Images.
