RDDT is trading at $146.88 (+3.1%) during open market hours on February 24, 2026, as shares climb despite a significant regulatory penalty from the UK Information Commissioner's Office.
- The UK ICO issued a £14 million (approximately $18-20 million) fine citing child data privacy failures and inadequate age verification measures.
- Reddit plans to appeal the decision, which creates potential legal headwinds for international expansion even as the stock moves higher with broader market gains (S&P 500 +0.53%, Nasdaq +0.72%).
- The company's resilience comes amid a wider market rally, though the regulatory action remains a key focus for investors. [Hero News ID: 699da7cff5bf8a613a3021e6]