Reddit shares jump about 7% after Piper Sandler highlights accelerating users
Reddit (RDDT) shares rose about 7% on Thursday after Piper Sandler identified accelerating user growth. Average users increased 8% month over month in August, following a 2% decline in July.
Reddit shares rose about 7% on Thursday after Piper Sandler cited accelerating user growth, ending a four-session losing streak. Average users rose 8% month over month in August, Reddit's strongest monthly gain of 2026, after a 2% decline in July. Total audience growth accel…