This is why Reddit’s stock is rising after earnings

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Reddit Inc. shares rose 6.5% in extended trading Thursday after the social-media platform’s first-quarter daily active users, revenue and profit topped Wall Street’s expectations.

The San Francisco-based company’s

RDDT daily active unique users rose 31% year over year to 108.1 million. Analysts surveyed by FactSet were looking for 107.3 million daily active users.

This post was originally published on Market Watch

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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