Reddit Inc. (RDDT) is a digital social media platform that allows its users to have discussions about various topics while creating content. It organizes communities and groups sorted on different topics of interest, known as subreddits, where users can engage by sharing their experiences, uploading images and videos, submitting links, and replying to one another. Founded in 2005, Reddit’s headquarters is located in San Francisco, California. The stock debuted on the NYSE via an initial public offering (IPO) in March 2024. RDDT shares hit the market at an initial price of $34, and closed Monda…