
OpinionRDDT
Reddit’s S&P 500 pop still leaves the user-growth problem
Reddit’s S&P 500 addition created a powerful flow catalyst, but it did not repair the company’s slowing U.S. audience growth. With U.S. daily active uniques slipping sequentially and RDDT trading at 34.59 times earnings, the pop looks like an exit opportunity rather than a fresh fundamental buy signal.
Aug 18, 20265 MIN