Why Reddit Inc. (RDDT) Soared Last Week

Ten companies finished the past trading week connected a precocious note, outperforming the 3 large indices with double-digit gains amid a flurry of catalysts, including upcoming net releases, that sparked buying appetite.

Week-on-week, the Nasdaq rallied by 6.7 percent, the S&P 500 clocked successful a 4.59-percent gain, portion the Dow Jones was up by 2.48 percent.

In this article, we person listed past week’s apical 10 performing stocks and elaborate the reasons down their gains. The stocks were chosen based connected the highest percent summation successful closing prices connected April 25 arsenic against their prices connected April 17, oregon the week prior.

To travel up with the list, we considered lone the companies with a $2-billion marketplace capitalization and a $5-million trading volume.

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Reddit Inc. (NYSE:RDDT)

Reddit Inc. saw its stock prices leap by 22.8 percent week-on-week to extremity astatine $118.10 connected Friday versus the $96.16 registered connected April 17 pursuing quality that it expanded its “Reddit Answers” interface into 8 countries.

According to Reddit Inc. (NYSE:RDDT), Reddit Answers is present disposable successful Australia, Canada, India, Malaysia, Pakistan, the Philippines, Singapore, and the United Kingdom.

Reddit Answers is an Artificial Intelligence-powered interface that lets users inquire questions and person answers successful a conversational manner. The caller level is accessible connected its website, connected Android, and connected iOS.

Unlike generic AI chatbots specified arsenic ChatGPT and Gemini, Reddit Answers leverages information wrong the Reddit site.

Reddit Answers debuted successful the US successful December 2024 successful a bid to amended the hunt acquisition by making it faster, smarter, and much relevant. So far, the interface level lone supports the English language.

Meanwhile, Reddit Inc. (NYSE:RDDT) is scheduled to merchandise the results of its operational and fiscal highlights aft marketplace adjacent connected Thursday, May 1, 2025.

Overall, RDDT ranks 6th connected our database of firms that recorded double-digit gains past week. While we admit the imaginable of RDDT arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns and doing truthful wrong a shorter clip frame. There is an AI banal that went up since the opening of 2025, portion fashionable AI stocks mislaid astir 25%. If you are looking for an AI banal that is much promising than RDDT but that trades astatine little than 5 times its earnings, cheque retired our study astir this cheapest AI stock.