Market Insights

MACRO

03/27/24 03:23 PM EDT

Cartoon of the Day: Too Good To Be True

Hedgeye's Communications analyst Andrew Freedman said today that Reddit (RDDT) faces -50% downside. The Comms team's Short idea fell nearly -10% today on the news as the Short call was circulated by other news outlets such as Yahoo and Bloomberg.

CLICK HERE to read Freedman's Short Reddit report and access more Communications research.

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