Short sellers target Reddit shares as stock slips

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Reddit (RDDT) stock continues to slide as short-sellers eye stock

March 28, 2024 1:44 PM EDT

Shares of Reddit (NYSE: RDDT) are down for the second day in a row as short-sellers reportedly target the stock.

The company's strong debut, which saw its shares jump significantly, is said to have drawn substantial bearish bets against the social... More