We came across a bullish thesis on Reddit, Inc. (RDDT) on wallstreetbets Subreddit Page by mylizard. In this article, we will summarize the bulls’ thesis on RDDT. Reddit, Inc. (RDDT)’s share was trading at $167.17 as of Dec 9th. RDDT’s forward P/E was 188.68 according to Yahoo Finance.
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Reddit, with its $30 billion market cap, has significant untapped profit potential but continues to underperform due to poor monetization strategies and overlooked user...
