Reddit Shares Tick Higher After Piper Sandler Reports 8% Monthly User Gain
Reddit Inc. shares rose 1.5% in premarket trading after Piper Sandler reported the platform's average users increased 8% month-over-month in August, the fastest monthly pace so far this year. Feed users accounted for most of the gain, while Conversation users dipped slightly. International audience growth outpaced the US, and the firm cautioned tha…