Reddit (RDDT) Stock -Prips according to SNAP income: What’s going on? – Reddit (NYSE: RDDT)

Snap Incs Sharp shares fall on Wednesday after the result of the first quarter on peer platforms as in the first quarter weighs Reddit Inc RddtEmphasis of investors with digital advertising providers from social media companies. Reddit shares will be traded by around 7.6% to $ 112.84 during the session on Wednesday.

The big indices also declined on Wednesday after the GDP contraction increased the news in the first quarter in the first quarter and probably also increased pressure on Reddit shares.

What to know: Snap made the expectations of sales and adjusted profit and reported sales of 1.36 billion US dollars and a closer loss of 8 cents per share.

However, the company rejected the instructions in the second quarter, whereby the macroeconomic uncertainty and unpredictable advertising demand, citing daily active users, report to 460 million and an increase in active advertisers by 60%.

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This caution throws a shadow over Reddit, which recently went to the stock exchange and rejects the majority of his income from advertising. While SNAP has a more mature and scaled platform, Reddit shares its dependence on advertising and youth-oriented audience, but the REACH and MONETARITIONS FORIAL OF SNAP is missing.

Investors are particularly sensitive to signals of instability in advertising markets and hesitate to forecast the future performance, indicates continuous volatility.

Reddit is the pillow of a decades of company history or a diversified revenue base in the early stages of scaling its advertising platform and proof of sustainable growth from macro. Snaps income, although they are strong in part, underline the fragility of the advertising market and drag the mood with Reddit.

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How to buy RDDT shares

In the meantime, you are probably curious how you can take part in the Reddit market – be it to buy shares or even bet against the company.

The purchase of shares usually takes place via a brokerage account. Here you will find a list of possible trading platforms. With many, it enables you to buy “broken shares” with which you can have parts of the shares without buying an entire stock.

In the case of Reddit, which is traded at $ 112.84 from the publication, you would buy 100 US dollars about 0.89 stock shares.

If you want to bet against a company, the process is more complex. You need access to an option trading platform or a broker that enables you to “shorten” a share of stocks by lending you to sell. You can find the process of linking a share in this resource. Otherwise, if your broker enables the trade options, you can either buy a put option or sell a call option at an exaggerated price that shares currently act. In both cases, you can benefit from the price drop of the share price.

According to Benzinga Pro, RDDT has a 52-week high of $ 230.41 and a 52-week low of $ 44.60.