Reddit (NYSE:RDDT) Extends Credit Facility, Lowers Commitments To US$500 Million

By Yahoo! Finance   |   1 week ago
Reddit (NYSE:RDDT) Extends Credit Facility, Lowers Commitments To US$500 Million

Reddit has made significant financial moves, including an Amended Credit and Guarantee Agreement, enhancing its financial strategy. Despite a 39% share price increase, Reddit's Q1 earnings and credit facility extension aligned with market trends, positioning it well among high-performing tech stocks.

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