Name: Is Valuation to Blame for Reddit (RDDT) Downgrade?
Uploaded: 2024-07-16T18:26:25.144-05:00
Duration: 4 min 46 s
Description: Even assuming the likely upside to 2024-25 estimated we don’t believe the upside reward meaningfully outweighs the downside risk, notes a Loop Capital analyst after downgrading Reddit (RDDT). Nate Peterson questions the downgrade as Reddit had a good quarter.

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<p>Even assuming the likely upside to 2024-25 estimated we don’t believe the upside reward meaningfully outweighs the downside risk, notes a Loop Capital analyst after downgrading Reddit (RDDT). Nate Peterson questions the downgrade as Reddit had a good quarter.</p>

Is Valuation to Blame for Reddit (RDDT) Downgrade?

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