Reddit Inc (RDDT) Stock Price Today & Analysis
RDDT
Valuation
Market cap$42.78B
Price-to-sales ratio22.47
Price-to-book value16.39
Price-earnings ratio122.60
Return on Equity10.00%
Return on Sales0.13%
Return on Assets0.09%
PEG ratioN/A
Earnings Per Share
Earnings Per Share$2.28
Income Statement
Average volume4,163,650
EBITDA$233.63M
1 year high (52w)$282.95
1 year low (52w)$79.75
Dividend
Dividend yield0.00%
Solvency
Debt-to-equity ratioN/A
About Reddit Inc
Reddit is an American social network with news aggregation, content rating, and forum activity. Founded in 2005 by Steve Huffman and Alexis Ohanian, it is operated by Reddit Inc. Headquartered in San Francisco, Reddit has grown to become one of the most influential online platforms, facilitating discussions on a wide range of topics through its network of communities, known as "subreddits." As of February 2024, Reddit features over 16 billion posts and comments created by millions of daily active users. Reddit generates revenue primarily through the sale of advertising space on its platform and optional premium membership plans.
FAQ
You can easily purchase Reddit Inc (RDDT) shares through the Gotrade app. Simply download the app, set up your account, fund it, and then search for the 'RDDT' ticker to begin your investment journey.
At Gotrade, you can kickstart your investment in Reddit Inc with as little as $1.
Absolutely. Brokerage services on Gotrade Indonesia are provided by PT Valbury Asia Futures, a licensed futures and commodities broker registered with and supervised by the Indonesian Financial Services Authority (OJK).
Yes. Gotrade provides access to U.S. stocks from Indonesia through fully backed shares. This is facilitated through a cross-border order routing scheme for foreign stock derivative contracts (PALN), in accordance with regulations from Bappebti (the Commodity Futures Trading Regulatory Agency).
When you trade, you enter into a contract with PT Valbury Asia Futures (Valbury), a Bappebti-registered broker in Indonesia. Valbury, in turn, fully backs its contracts 1-for-1 with Alpaca Securities LLC, a FINRA-licensed broker-dealer in the United States. For every share (or fraction thereof) you hold on Gotrade, a corresponding share is held by Valbury in a separate, segregated brokerage account at Alpaca Securities LLC.
