We came across a bullish thesis on Reddit, Inc. on The Buyside Guy’s Substack by The Buyside Guy. In this article, we will summarize the bulls’ thesis on RDDT. Reddit, Inc.'s share was trading at $220.06 as of September 2nd. RDDT’s trailing and forward P/E were 98.24 and 76.92, respectively according to Yahoo Finance.
[caption id="attachment_944421" align="aligncenter" width="750"]Since the last earnings, RDDT has regained much of its lost momentum, driven primarily by improving DAU trends and resilient traffic following a dip in...
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