Reddit (RDDT) surged on January 5, breaking the significant $265.30 resistance level on notable volume, reflecting strong investor optimism around its dual-track growth strategy.
- The growth strategy centers on AI-driven advertising expansion and high-value data licensing through dynamic pricing models.
- The company is planning a major product expansion and an international rollout to 35 new countries in 2026.
- RDDT closed at $244.15 (+0.93%) and traded higher after hours, positioning the stock toward the psychological milestone of $300.