Down 2% after blowing past guidance. What is wrong with this market..
idonteverwatchsports on
It’s down after hours? Why
OppositeArugula3527 on
Rekted
BlueberryInCup on
i think its ganna jump pre market tmrw
AdventurousCowMooo on
Common Reddit L
Visual-Ostrich9574 on
Those numbers actually look very solid. Lord give me the strength to not YOLO this…
So we have a company here that is growing revenue by 54% annually, with a 89% gross margin, up 51% in daily active unique users, with practically no debt with large amounts of cash and cash equivalents, and positive free cash flow.
Am I losing it? Thats actually insane, right?
Electrical-Plum-6120 on
Main issue is Aug 9th I think the time limit to sell IPO shares is set
illmatication on
Watcha feeling about the reddit stock?(I’m tryna inverse reddit)
False_Coast7257 on
AH high of 62, but then dumped. Why are people so negative about RDDT? You’re here and not anywhere else!
Shorts have been trying really hard to dump it before earnings call so they can cover. Get ready for tomorrow…
AsleepQuantity8162 on
I love reddit. So, I am slowly accumulating RDDT (4 shares currently) but I feel like it’s a bit overpriced at the moment, and it is a speculative stock because the company is not profitable yet. Will it ever be profitable? maybe..I mean I feel like the company is currently not very good at monetizing but I see them being profitable in the future.
cmorris1234 on
Reditt lost 10.4 M for the quarter
Maerran on
Am I stupid or is not an insane growth already priced in at this point? Revenue would need to like 10x with a decent margin for it to be valued fairly and I just don’t see how Reddit can grow much more
FoxTheory on
I took a 20% loss on this shit. (Only 2k worth of shares).
meteorprime on
Reddit expects to be able to collect a lot of money from Google over the years, but Google just got ruled against so not great news
demo on
Have they disclosed suspected bot count numbers? The astroturfing is even stronger now that America has an election coming up.
Psychological-Touch1 on
How dare it forsake itself
dusters on
Remember when WSB was convinced it would be a $10 stock within 6 months?
EtherealSoulCoffeeCo on
Is everything coming up Millhouse?
JSKindaGuy on
So it’s still losing more money than it makes
snreddit on
Intl inheritance kid will be on Q3 or Q2?
Churchofdudekzoo on
Is this a meme stock?
happyfntsy on
TwitteauX is being absorbed by Reddit
Bulky_Negotiation850 on
Good results… stock tanking as per usual.
jim9162 on
I was convinced reddit would be a good buy at ipo based on how many wsbers were saying it was gonna be a penny stock.
SwitchedOnNow on
I knew all my random shitposts would be money to them.
29 Comments
“Other revenue surged 691%”
Nice
Put in 9k at 12:30 PST today 😮💨
where can i see after marekt movement?
Down 2% after blowing past guidance. What is wrong with this market..
It’s down after hours? Why
Rekted
i think its ganna jump pre market tmrw
Common Reddit L
Those numbers actually look very solid. Lord give me the strength to not YOLO this…
So we have a company here that is growing revenue by 54% annually, with a 89% gross margin, up 51% in daily active unique users, with practically no debt with large amounts of cash and cash equivalents, and positive free cash flow.
Am I losing it? Thats actually insane, right?
Main issue is Aug 9th I think the time limit to sell IPO shares is set
Watcha feeling about the reddit stock?(I’m tryna inverse reddit)
AH high of 62, but then dumped. Why are people so negative about RDDT? You’re here and not anywhere else!
Shorts have been trying really hard to dump it before earnings call so they can cover. Get ready for tomorrow…
I love reddit. So, I am slowly accumulating RDDT (4 shares currently) but I feel like it’s a bit overpriced at the moment, and it is a speculative stock because the company is not profitable yet. Will it ever be profitable? maybe..I mean I feel like the company is currently not very good at monetizing but I see them being profitable in the future.
Reditt lost 10.4 M for the quarter
Am I stupid or is not an insane growth already priced in at this point? Revenue would need to like 10x with a decent margin for it to be valued fairly and I just don’t see how Reddit can grow much more
I took a 20% loss on this shit. (Only 2k worth of shares).
Reddit expects to be able to collect a lot of money from Google over the years, but Google just got ruled against so not great news
Have they disclosed suspected bot count numbers? The astroturfing is even stronger now that America has an election coming up.
How dare it forsake itself
Remember when WSB was convinced it would be a $10 stock within 6 months?
Is everything coming up Millhouse?
So it’s still losing more money than it makes
Intl inheritance kid will be on Q3 or Q2?
Is this a meme stock?
TwitteauX is being absorbed by Reddit
Good results… stock tanking as per usual.
I was convinced reddit would be a good buy at ipo based on how many wsbers were saying it was gonna be a penny stock.
I knew all my random shitposts would be money to them.
Yeah Pan drilling again.