poisar

Stocks · News reference

Reddit CEO Steve Huffman Cashes Out $2.77 Million in Shares — RDDT Stock Trending Overnight

BenzingaTanya Rawat

Reddit shares fell 3% as CEO Steve Huffman disclosed a $2.77 million stock sale.

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. The Motley FoolSara Appino

    AppLovin vs. Reddit: Which Technology Stock Is a Better Buy in 2026?

    The article compares AppLovin and Reddit as digital advertising investment opportunities. AppLovin boasts higher profitability with 60.8% net margins and $5.5B in FY2025 revenue, but faces legal challenges and competitive pressures. Reddit shows strong growth with 69.4% YoY revenue increase, newly achieved profitability, and a unique AI data licensing business. The author recommends Reddit for its durable growth foundation, unique data assets, and consistent user engagement, despite AppLovin's superior margins.

  2. The Motley FoolRobert Izquierdo

    Reddit's COO Sells 60,000 Shares Worth $9.7 Million Amid a 36% Stock Price Decline Over the Past Year

    Reddit's Chief Operating Officer Jennifer Wong sold 60,000 shares worth $9.7 million on September 14, 2026, at a weighted average price of $162.33 per share. The sale was executed through a pre-established Rule 10b5-1 trading plan established in May 2026, indicating a scheduled liquidity event rather than a discretionary decision. Despite the stock's 36% decline over the past year, Wong retains over 1 million directly held shares, maintaining significant alignment with shareholder interests. Reddit continues to demonstrate strong fundamentals with 18% year-over-year growth in daily active users and eight consecutive quarters of over 60% revenue growth.