Stocks in Action USA: Reddit, AppFolio, iRhythm

Thanks to the Advertising Business: Reddit (RDDT) Surprises with Strong Quarterly Results – Stock Jumps Double Digits After Hours! The stock of Reddit saw a significant price jump after the release of the latest quarterly numbers, as the company clearly exceeded market expectations in both profit and revenue. The advertising business was particularly instrumental in this strong result: Reddit achieved a revenue increase of 84% year-over-year in this segment, totaling $465 million. The number of daily active users also showed positive growth:...