Reddit Stock Eyes Breakout On Big Demand, Huge Growth

In the latest list of new buys by the best mutual funds, social media leader Reddit (RDDT) saw capital inflows of $3.68 billion over the past several months. Fueled by double-digit sales growth and explosive earnings, that demand has lifted Reddit stock onto the IBD 50 and Investor’s Business Daily’s Leaderboard watchlist. Over the last three quarters, the company has…