New Street Research Warns About Potential Share Slide for Reddit Stock
Tuesday, 26 March 2024, 16:00
Reddit Stock Analysis
New Street Research has initiated coverage on Reddit stock with a hold rating, predicting a potential 10% decline in share price.
Key Points:
- Hold Rating: New Street Research has issued a hold rating on Reddit stock.
- Share Price Prediction: Warns about a possible 10% decline in the near future.
This prediction underscores the volatility expected in the short-term for Reddit's stock.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.