Reddit stock tries to rebound in premarket after Thursday rout as ad worries bite
Reddit shares gained 0.8% to $230.48 in Friday premarket trading after a 9.4% drop Thursday, as investors watched ad demand signals ahead of earnings. RBC reported mixed feedback from small-business advertisers, while larger rivals like Meta and Alphabet performed better. Reddit will release fourth-quarter and full-year results on Feb. 5.
