Reddit Vs. Snap: Election Buzz, Bullish Signals Propel RDDT Past SNAP In Market...

Published on 6 Nov 2024 on Benzinga

Reddit Vs. Snap: Election Buzz, Bullish Signals Propel RDDT Past SNAP In Market...

Reddit Inc RDDT has turned the tables on Snap Inc SNAP in social media rankings, climbing 12% on Election Day to reach a market cap of $21.5 billion, ahead of Snap's $20.4 billion.

This milestone is a striking achievement for Reddit, which, despite having one-fourth of Snap's user base and revenue, has investors far more bullish on its prospects.

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NYSE.RDDT price evolution

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