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Reddit (rddt ) stock drops 9% on troubling analyst warning

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Reddit shares took a significant hit on Tuesday, tumbling as much as 9 percent following a sobering assessment from Cleveland Research analyst Ross Walthall about the platform’s growth prospects. The steep decline erased a portion of the gains the stock had accumulated through the year, underscoring investor sensitivity to any signs of weakness in the […]

The postReddit (rddt ) stock drops 9% on troubling analyst warningappeared first onRolling Out.

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