RDDT is trading at $138.28, down 4.2% today as weak jobs data and geopolitical tensions trigger a broad market selloff.
- Disappointing February jobs data reported a loss of 92,000 positions, significantly missing the forecasted gain of 60,000.
- Escalating Middle East tensions have pressured the broader market, with the S&P 500, Nasdaq, and Dow Jones all falling over 1.4%.
- No Reddit-specific news or announcements were found to explain the movement beyond broader macroeconomic pressure.