Reddit Shares Drop After Downgrade From Wells Fargo

MT Newswires Live

2025/05/20

Reddit (RDDT) shares dropped 4.7% in recent trading Monday after Wells Fargo downgraded the stock to equalweight from overweight and lowered its price target to $115 from $168.

Intraday volume topped 8.48 million shares versus the daily average of 8.99 million.

Price: 107.95, Change: -5.28, Percent Change: -4.66

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