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Reddit, Inc. is an internet content & information business with stocks listed in the US. Reddit shares (RDDT) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$140.69 – a decrease of 4.08% over the previous week. Here's how to invest if you're based in Australia.
How to buy shares in Reddit
- Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Reddit. Find the share by name or ticker symbol: RDDT. Research its history to confirm it's a solid investment that matches your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Reddit reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$140.69, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Reddit, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Reddit. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Is it a good time to buy Reddit stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Reddit financials
| Revenue TTM | US$1.1 billion |
|---|---|
| Operating margin TTM | 1.97% |
| Gross profit TTM | US$0 |
| Return on assets TTM | -20.47% |
| Return on equity TTM | -31.8% |
| Profit margin | -47.83% |
| Book value | 11.69 |
| Market capitalisation | US$19.2 billion |
| EBITDA | US$-595,187,968 |
TTM: trailing 12 months
Reddit share dividends
We're not expecting Reddit to pay a dividend over the next 12 months.
Reddit overview
Reddit, Inc. operates a website that organizes digital communities. It 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. The company was founded in 2005 and is headquartered in San Francisco, California.
Reddit in the news
Reddit Gets Pair Of Price-Target Hikes From Analysts On Ad Upside
Why Wall Street Missed Signs Of Reddit Stock's 58% Climb
Dow Falls As Super Micro Crashes; Meta Dives As Microsoft Gains After Results (Live Coverage)
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