Reddit’s stock has soared 170% since the IPO. Here’s why the honeymoon may now be over. - MarketWatch
1. RDDT surged 171% post-IPO due to strong user growth. 2. Analyst Cordwell raised concerns over reliance on Google’s algorithm. 3. User growth may stall; market values could be overstated. 4. Cordwell initiated coverage with a sell rating and $75 target. 5. Some analysts remain bullish, noting potential from AI technologies.