RDDT is trading at $225.64 (-3.38%) amid a broader tech sell-off, sparked by weak guidance from Oracle and Broadcom regarding high AI infrastructure costs.
- The risk-off sentiment has hit the NASDAQ down 1.50%, dragging AI-related names lower.
- There is no RDDT-specific news (earnings or deals) driving today's move; the last insider sale was noted on December 9.
- Recent Q3 strength and analyst buys provide a positive backdrop, but are not influencing the current negative price action.