Viking Global Investors Adds $445M in Reddit, Inc. ($RDDT)
Key Points
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Viking Global Investors acquired a new position in Reddit, Inc. ($RDDT), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,551,617 shares of Reddit, Inc.. Viking Global Investors's holdings in Reddit, Inc. were worth $444.98 million as of its most recent filing.
Reddit, Inc. Stock Up 14.0%
Shares of Reddit, Inc. ($RDDT) traded around $174.39 on Saturday, up 14.0% for the day.
Reddit, Inc. Earnings
Analysts Set New Price Targets
About Reddit, Inc.
Reddit, Inc. operates a digital community in the United States and internationally. The company's platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. Reddit, Inc. was founded in 2005 and is headquartered in San Francisco, California.
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