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Reddit $RDDT: When a Great Story Gets Cheaper

After a sharp pullback, the fundamentals look stronger than ever

Author

George Babis
February 11, 2026

Reddit $RDDT ( ▼ 4.87% ) was a monster in 2024 and 2025. The stock surged, the story got cleaner, and it started to feel like the market finally stopped treating Reddit like “just a forum.” Then the stock pulled back.

$RDDT has lost more than a third of its value YTD

That pullback matters. Not because the long-term thesis cracked, but because skepticism is back in the price—and that’s usually where the best long-term entries show up.

Here’s the hook I keep coming back to: In a web that’s getting flooded with AI-generated sameness, Reddit is still messy, opinionated, and real. That “realness” isn’t just culture anymore—it’s a data moat, and it’s turning Reddit into a tollbooth for AI search.

The recent market pullback was uncomfortable for many investors. Moments like these often test conviction and tempt people to quit at exactly the wrong time. But meaningful returns are rarely built in calm, straight lines — they’re built by staying invested through volatility with a clear, long-term framework.

Personal portfolio performance since late 2022

Since late 2022, my personal portfolio has grown nearly 300%, not by chasing short-term moves, but by focusing on high-conviction ideas and letting time do the heavy lifting. The chart above reflects that long-term journey — including the drawdowns along the way.

I share all my trades, portfolio holdings, and ongoing thinking with members of our Investment Club.

If you’d like to learn how we approach the market with a long-term mindset, and the stocks we buy you’re welcome to join us here.

— George

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