Reddit (RDDT) shares climbed 6.50% to $139.59 on 2026-02-13, rebounding from a previous close of $131.07. The recovery follows cooler-than-expected inflation data, which improved market sentiment and offset prior concerns regarding AI disruption.
- The January CPI was reported at 2.4%, beating forecasts and driving gains across the S&P 500 and NASDAQ.
- RDDT is currently trading at $139.59, recovering from a recent low of $131.07 within its 7-day range.
- The stock's movement was driven by macroeconomic factors as there were no major company-specific announcements today.