Reddit, Inc. Stock Hits Day Low of $140.39 Amid Price Pressure

Feb 24 2026 06:34 PM IST
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Reddit, Inc. faced a significant stock decline on February 23, 2026, with an intraday low of USD 140.39. Despite a slight recovery over the past week, the stock has experienced a substantial drop over the month and year-to-date, reflecting challenging market conditions and financial metrics.
Reddit, Inc. Stock Hits Day Low of $140.39 Amid Price Pressure
Reddit, Inc., a mid-cap player in the Computers - Software & Consulting industry, experienced a notable decline today, with its stock price dropping by 5.13% on February 23, 2026. The stock reached an intraday low of USD 140.39, reflecting a challenging trading session.
In terms of performance metrics, Reddit's one-day performance contrasts sharply with the S&P 500, which gained 0.69% during the same period. Over the past week, Reddit has shown a slight recovery with a 2.01% increase, although this is overshadowed by a significant 34.91% decline over the past month. Year-to-date, the stock has decreased by 38.03%, while the S&P 500 has seen a modest gain of 0.94%. Financially, Reddit holds a market capitalization of USD 28,688 million and has a price-to-earnings ratio of 175.00. The company currently does not offer a dividend, and its return on equity is notably negative. These metrics highlight the stock's current market position and performance trends amidst broader market movements.
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