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Reddit Soars After Strong Sales in First Report Since IPO

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Reddit Inc. jumped more than 15% in extended trading after reporting quarterly sales that topped analysts’ estimates, impressing investors in its first results as a public company.

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Reddit stock soars on Q2 forecastShares of Reddit (RDDT) jumped in after-hours trading. The social media company reported first quarter revenue of $243 million versus estimates of $211.9...
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Reddit predicts strong second-quarter revenue, shares soarShares of the social media platform were up 17% in extended trading. The results follow strong earnings from rivals including Snap and fan optimism that...
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