RDDT Stock Drops 7.44% Amid Deepening Tech Sector Selloff
We watch RDDT stock closely in the stock market. On Wednesday, RDDT stock fell 7.44% to $211.21. This drop places it about 12% below its recent 52-week high. The decline happens during a broad tech sector selloff. Many tech companies face pressure. Yet, Reddit shows strong results in its latest quarter. We see revenue jump…