Reddit's strong forecasts spark share surge after first results since IPO
1:34
YahooAditya Soni
Reddit's strong forecasts spark share surge after first results since IPO
(Reuters) -Reddit said it could post an adjusted profit in the second quarter thanks to its booming advertising business and content-licensing deals with AI companies, impressing investors who sent its shares soaring 16% in extended trading on Tuesday. The earnings report - the first since Reddit went public in March - also included a revenue ...
May 7, 2024
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