Reddit, Inc. CEO & President Steve Ladd sold a total of 47439 shares of Class A Common Stock on December 16 through multiple transactions at prices ranging from $166.92 to $179.87. Such significant sales by a high-ranking executive may imply the stock is currently overvalued, potentially having a bearish impact on the stock price. Investors should closely monitor the company's future developments and stock price movements.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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