218.5 USD
6.28
2.79%
Last update Dec 15, 3:59 PM EST
Market closed
Day range
213.35001
225.77000
Previous close
224.78000
Open
222.044998
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Reddit, Inc. Class A Common Stock
218.50
6.28
2.79%

Overview

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Description

Reddit, Inc. Class A Common Stock represents equity ownership in one of the world’s most influential social media companies. Founded in 2005, Reddit, Inc. operates a dynamic online platform where users engage in discussions and content sharing organized into topic-specific communities known as "subreddits." These communities enable distributed moderation and foster active, interest-driven user participation, making the platform unique for aggregating opinions, news, and original content across virtually every subject matter. The company earns revenue primarily through digital advertising, premium memberships, and data licensing agreements. As a prominent player in the communication services sector, Reddit has grown to host billions of user-generated posts and comments, making it a critical hub for trends, discussion, and digital culture. Its stock, classified as Class A Common Stock, grants voting rights and represents direct participation in the company’s financial performance and corporate governance. Reddit, Inc.'s role in the financial market is underscored by its inclusion in various indices and ETFs, reflecting its significance among internet media and technology firms.

About

CEO
Mr. Steven Ladd Huffman
Employees
2233
Address
South Tower
5th Floor 303 2nd Street
San Francisco, 94107, CA
United States
Phone
415 494 8016
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Internet Content & Information
Country
United States
MIC code
XNYS
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