RD
RDDT
-2.6%⚪ No clear catalystReddit, Inc. · Technology
$155.18Vol 3.84M · 0.8× normalMkt cap −$0.80BMarket closed — 2026-10-16 session
What happened
Move
-2.6%
Price
$155.18
Volume
3.84M
0.8× normal
Market cap
$29.86B
−$0.80B today
Why it moved
Sector-wide movelow confidence
- Sector-wide move — computed
Sector-driven move — the stock is moving largely with its sector (-3.2%); no major company-specific catalyst detected.
Verdict — was the move justified?
⚪ No clear catalyst
No reliable catalyst was identified for this move.
How unusual is this move
σ score
0.9σ
vs own 20d volatility
Percentile
50th
of 645 daily moves
Avg daily move
±3.6%
own 5y average
vs sector
+0.6%
beyond sector median
What happened after similar moves
91 similar down moves in RDDT’s 5-year history:
After 5 days
+0.3%
54% higher
After 20 days
+6.0%
71% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 47G 45P 100H 100Q 59
Insider activity (90d): net selling $2.74M
Valuation context
P/E (TTM)
34.5
5y median 83.5
P/E percentile
11%
vs own 1y history
FCF yield
0.0%
Trading cheaper than 89% of its own historical valuation range.
Full fundamental analysis on PreMarketPrice
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