RDDT is trading 3.4% down now at $245.25 as investors digest news that CFO Andrew Vollero sold roughly $2.1–$2.3 million of stock, suggesting profit-taking after a recent rally.
- The sale follows a strong multi-day run that pushed shares near their 52-week highs.
- The transaction occurred on January 6, 2026, following Reddit’s recent earnings beat.
- The current pullback is viewed as consolidation rather than a clear negative fundamental shift.