🟢 Reddit is trading 4% up today on sustained momentum from its Q1 earnings beat and raised revenue guidance

RDDT is trading at $175.84 (up 4.01%) following sustained momentum from its Q1 2026 earnings beat and an upward revision of full-year revenue guidance to $2.5B–$2.6B.

• The stock's performance is driven by advertising revenue growth and AI data licensing deals that position Reddit as a critical resource for AI training.
• Gains are further supported by a broader market rally following a JOLTS report showing 6.9 million job openings, which boosted the S&P 500 and NASDAQ.