Reddit (RDDT) Dropped 20% Despite 91% Margins
Reddit stock analysis: 91.3% gross margins reveal huge scale — valuation breakdown
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In this deep dive, we break down Reddit (RDDT) and its transition into a highly profitable interest-graph social platform powered by AI data licensing. With gross margins reaching an industry-leading 91.3% and Q2 revenue surging 61% YoY to $805 million, the key question for investors is whether search referral traffic…
The skinny
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