Author is long RDDT, expecting a bounce after a ~20% drop and ahead of Q4 earnings in early February.
RDDT — LONG The author has been swing trading RDDT since its IPO and believes the recent ~20% drop, driven by an ad revenue drop announcement, has positioned the stock for an upside move. He expects a move around the Q4 earnings report in the first week of February. The main risk is that the ad revenue drop could lead to a disappointing earnings report and further downside.
RDDT just announced they have an ad revenue drop. That's the bad news. They will be reporting for the qtr the first week of Feb. Stocks typically make a move at that time. I think the recent ~20% drop in stock price has positioned them to make a move to the upside.
This Reddit post, published January 27, 2026, features u/bbreadthis discussing RDDT. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/bbreadthis · Tickers: RDDT