Down Nearly 30% in 2025: Is Reddit Stock a Buy?
The social news aggregation and discussion platform still has room to grow.
Reddit (NYSE: RDDT) went public just over a year ago, and its stock soared 562% from its IPO price of $34 to a record closing high of $225.23 this February. The social media company dazzled investors with its accelerating growth and rising profits.
But over the following two months, Reddit's stock was cut in half as the Trump administration's unpredictable tariffs and trade wars drove investors away from high-growth stocks. Does that pullback represent a buying opportunity for patient investors?
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