Reddit Shares Jump 10% After Loop Capital Reiterates Buy Rating, Calls Stock Undervalued

Reddit Shares Jump 10% After Loop Capital Reiterates Buy Rating, Calls Stock Undervalued

Reddit shares surged over 10 on Tuesday, rebounding from a three-day slump, according to CNBC. The rally came as Loop Capital reiterated a buy rating, calling the stock extremely attractive and arguing that its 50 drop over the past month was excessive.


User: Benzinga

Views: 93

Uploaded: 2025-03-12

Duration: 00:37

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