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Why Reddit Stock Is Jumping Today

TheMotleyFool

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Reddit (NYSE: RDDT) stock is gaining ground today after the company unveiled new artificial intelligence (AI) tools. The social media specialist's share price was up 6.8% as of 2:30 p.m. ET.

Reddit published a blog post yesterday detailing its new Community Intelligence offering and two services that will be included through the platform. The market is having a positive reaction to the new software suite and bidding up the stock in response.

Image source: Getty Images.

Source Fool.com

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