markets
RDDT -2.24% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
RDDT slides 2.24% intraday to $152.89 as tech selling accelerates mid-session.
Reddit is tracking broader tech weakness, with MSFT down 2.13% and PLTR off 2.96% leading the pressure. Small-caps (IWM +0.31%) are holding, signaling the rotation is sector-specific, not a broad risk-off flush. RIVN's parallel 2.27% drop confirms growth/momentum names are taking the hit today.
Watch: $150 as the next clean support level — a break there opens the door toward the $145 range. If PLTR's decline deepens past 3%, expect RDDT to accelerate lower in sympathy.