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Reddit's Trading Volume Drops 48.51% to $747 Million, Ranks 153rd in Daily Volume
Generated by AI AgentAinvest Market Brief
Thursday, Apr 10, 2025 7:44 pm ET1min read
On April 10, 2025, Reddit's trading volume reached $747 million, marking a 48.51% decrease from the previous day. The stock closed at $7.98, placing it 153rd in the day's trading volume rankings.
Reddit has scheduled the release of its first-quarter 2025 financial results for Thursday, May 1, 2025. Investors will be able to access the live earnings call, which will provide detailed insights into the company's performance during the quarter.
Reddit's Q1 2025 earnings report was announced on May 6, 2025. The conference call, scheduled for 5:00 PM ET, will offer a comprehensive overview of the company's financial and operational achievements for the quarter.
In February,
reported stronger-than-expected results for the fourth quarter of 2024, with both top and bottom lines exceeding market expectations. The company also provided optimistic guidance for the first quarter of 2025. Despite these positive developments, the stock experienced a decline of more than 5%.
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