Can this Social Media Stock Sustain User Growth?

Despite a positive earnings report, Reddit’s stock has declined over recent weeks. Nevertheless, it remains comfortably above its close following its March stock market debut.

Reddit [RDDT] is an online social media forum which, as of Q2 2024, boasts 91.2 million daily active unique users (DAU).

Originally launched in 2005, Reddit went public in March 2024, and has experienced plenty of ups and downs during its first few months in the stock market. This spotlight on RDDT stock will explore the factors that have impacted Reddit…