RDDT is trading at $189.56, up 3.1% during the November 24, 2025 session as markets rally with the S&P 500 up 0.29%, NASDAQ up 0.98%, and Dow up 0.98%. The stock has recovered from a 3.14% decline on November 20, closing at $183.48 on November 21. Reddit benefits from positive AI market sentiment, particularly following Google's Gemini 3 advancement and Alibaba's Qwen AI success. Analyst support remains strong, with Truist maintaining a $270 price target and Morningstar's $200 fair value estimate providing confidence. The broader tech sector momentum and 75% odds of a December Fed rate cut are supporting growth stocks like Reddit.