Key Points Reddit benefits from a growing user base that seeks out the platform for answers on a range of topics. Advertising revenue grew 74% year over year last quarter. Reddit benefits from a strong tailwind in the global advertising market, which is expected to grow faster than consumer spending. 10 stocks we like better than Reddit › Reddit's (NYSE: RDDT) stock has nearly doubled since suffering a severe dip in April, bringing the stock's 12-month gain to 25%. The recovery was driven by the ...