markets
RDDT -3.03% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
RDDT drops 3% overnight as risk-off selling hits speculative names.
Reddit hit $169.49 in Wednesday evening trade, part of a broader pullback across high-beta tech. COIN is down 7.18% and QBTS is getting hammered 11.84%, signaling rotation away from momentum names. DIA off 1.17% confirms the weakness isn't stock-specific.
Watch: Whether RDDT holds $169.13 — tonight's prevclose — or accelerates lower toward the $163–$165 range. COIN's magnitude of decline is the tell; if it stabilizes, RDDT pressure likely eases.