RDDT is trading at $173.94, up 4.2%, as the stock extends its recovery from recent weakness.
- The move appears driven by strong risk-on sentiment in U.S. equities, with major indices all gaining more than 0.8% this morning.
- Positive momentum continues following a sharp gain on June 26, despite a lack of new company-specific news or analyst actions.
- The stock is building on last week's rebound as it moves higher alongside a broad tech-led market rally.