Morgan Stanley Initiates Coverage of Reddit (RDDT) with Equal-Weight Recommendation

Fintel reports that on April 15, 2024, Morgan Stanley initiated coverage of Reddit (NYSE:RDDT) with a Equal-Weight recommendation.

What is the Fund Sentiment?

There are 2 funds or institutions reporting positions in Reddit. This is an increase of 1 owner(s) or 100.00% in the last quarter. RDDT / Reddit, Inc. Put/Call Ratios The put/call ratio of RDDT is 1.02, indicating a bearish outlook.

What are Other Shareholders Doing?

RDDT / Reddit, Inc. Shares Held by Institutions

Atwood & Palmer holds 0K shares representing 0.00% ownership of the company.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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