🟢 Reddit is trading 6.5% up today as easing election uncertainty supports risk-on sentiment

Reddit is trading at $103.64, up +6.50%, with easing election uncertainty and stronger broad-market sentiment the likelier explanation for the move.

• Major U.S. indexes are rising sharply, supporting a broader risk-on backdrop.
• Reddit is testing search-result ads amid concerns about declining referrals from Google.
• Available reporting does not directly link the ad test to Wednesday’s share move.