Geopolitics Alpha

Reddit Stock Drops to Crucial Support as Earnings Loom: Will It Rebound or Fall Further?

Published . Updated .

GEOPOLITICS ALPHAReddit Stock Drops to CrucialSupport as Earnings Loom: Will ItRebound or Fall Further?RDDTGEOPOLITICS ALPHA

This report does not map to a usual set of affected companies.

Directly affected

  • RDDT Reddit-7.4% 16d

    Named in this report.

Indirectly affected

  • XLK Technology Select Sector SPDR+9.1% 16d

    Technology Select Sector SPDR holds the technology sector that Reddit belongs to, so it often moves with news about it.

  • ADP Automatic Data Processing+8.9% 30d

    Automatic Data Processing is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.

  • WDAY Workday+9.3% 30d

    Workday is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.

  • VRSK Verisk Analytics

    Verisk Analytics is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.

  • TOST Toast-9.7% 16d

    Toast is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.

  • HNGE Hinge Health

    Hinge Health is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
RDDT+7.56%+6.36%base-4.01%-5.34%after closeafter close
XLKNo price data for this ticker———————
ADPNo price data for this ticker———————
WDAYNo price data for this ticker———————
VRSKNo price data for this ticker———————
TOSTNo price data for this ticker———————
HNGENo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Reddit Stock Drops to Crucial Support as Earnings Loom: Will It Rebound or Fall Further? Benzinga

Source: Benzinga

This story

CompanyWhenMoveStatus
RDDTthat day-4.01%final price
RDDTthe next day-5.34%still updating
RDDTthree days earlier+6.36%final price
RDDTfive days earlier+7.56%final price

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This story

12 out of 100Price not final

“Reddit Stock Drops to Crucial Support as Earnings Loom: Will It Rebound or Fall Further?” scores 12 out of 100. The score uses 1 sources. The price is not final yet.