markets
RDDT +2.35% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
RDDT surging 2.35% intraday to $157.15 as social/AI names lead Thursday's session.
Reddit is outpacing the broader market with AFRM running +5.71% to $77.63 and PL adding +1.1% to $24.77, signaling broad risk appetite in growth and platform names. MSFT's modest +0.39% to $494.05 keeps the AI infrastructure bid intact without crowding out speculative names.
Watch: $160.00 as the next round-number resistance — a clean break opens momentum continuation. If RDDT fades from current levels, $153.45 prior close is the line defending today's breakout thesis.