I’ve made a lot of money off the stock by now. Price is currently $73.85.
Reddit is one of the biggest websites on the internet. Their engagement is off the charts. They essentially made forums like this one obsolete, because why visit a forum when you can just go to the subreddit about that topic?
This will remain an excellent stock to make money with for a while. That said, I do believe it is possible that the stock will pull back some soon.
It will all depend on what Google does.
Make no mistake, Google has played a large part in Reddit’s recent success. Reddit is showing up in almost every Google search now, in the top 3 results.
Do you understand what this has done for Reddit’s traffic? Their traffic numbers, and average engagement rate/time, are astronomical.
