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Why Reddit Stock Soared 40% in August

TheMotleyFool

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Shares of Reddit (NYSE: RDDT) rose a mind-boggling 40.2% in August 2025, according to data from S&P Global Market Intelligence. The stunning gain rested almost exclusively on a fantastic earnings report published at the very end of July. Reddit's stock gained 17.5% the next day and a total of 31.9% over the first week of August.

The average analyst had expected Reddit's second-quarter report to show earnings of roughly $0.19 per share. Revenue was targeted at $426 million, 51% above the year-ago period.

But Reddit exceeded these expectations by a country mile. Earnings landed at $0.45 per diluted share, up from a net loss of $0.06 per share in Q2 2024. Top-line sales soared 78% to a nice, round $500 million.

Source Fool.com

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