Surprise Me!

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

2025-03-12 91 Dailymotion

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.