On May 27, Reddit rose 5.56% in regular trading, trading at $153.03/share, with trading volume of $179 million.

On the news front, Reddit officially announced that its native Shopify integration is now broadly available to global advertisers. The integration enables merchants to directly connect Shopify's e-commerce platform with Reddit's advertising ecosystem, streamlining ad deployment workflows and enhancing marketing efficiency. The market views this as a significant step in strengthening Reddit's advertising monetization capabilities, with expectations that it will further boost ad revenue.

Notably, Reddit's previously reported quarterly earnings significantly exceeded expectations, with revenue surging 68% year-over-year to $585 million, while daily active users reached 116 million, up 19% year-over-year. The Shopify integration builds upon this growth momentum by offering advertisers a more seamless path from product catalog to ad placement on the platform.

Within the Interactive Media & Services sector, Alphabet rose 0.64%, Meta Platforms rose 0.04%, Baidu rose 2.1%, and Pinterest rose 4.04%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)