RDDT is trading at $145.32, down 3.2% from Friday's close, as equities face headwinds from President Trump's new 15% global tariff announcement and Supreme Court trade ruling fallout.
- The broader market decline—with the S&P 500 down 0.91% and Nasdaq down 0.94%—is creating significant downward pressure across tech and growth stocks.
- The move is macro-driven rather than company-specific; fundamentals remain supported by a recent analyst upgrade citing 70% revenue growth and a $1 billion share repurchase plan.