Is Reddit's 12% Rally a Dead Cat Bounce?


Shares of Reddit jumped more than 12% on Tuesday, leading a small one-day rally in the Nasdaq index. The stock gapped higher in early trading following comments from analysts at Loop Capital suggesting that the selling in Reddit stock had been overdone.  Wall Street analysts currently hold a buy recommendation on the stock with an […]

The post Is Reddit's 12% Rally a Dead Cat Bounce? appeared first on Money Morning – We Make Investing Profitable.

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