Reddit (RDDT) shares were up more than 7% in recent Tuesday trading following its launch of new artificial intelligence-powered marketing tools.
The company introduced alpha versions of Reddit Insights and Conversation Summary Add-ons on Monday as part of its new Reddit Community Intelligence platform.
Reddit Insights is a social listening tool that draws on two decades of platform conversations to surface real-time, actionable insights. Conversation Summary Add-ons is an ad feature that displays relevant, positive community comments below an advertiser's creative, blending AI with human perspectives, the company said.
Price: 135.44, Change: +9.24, Percent Change: +7.32
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