Buy RDDT by Oct 31, 2026.

I posted a breakdown of Reddit's **Q1** filing [here](https://www.reddit.com/r/ValueInvesting/comments/1ubr41x/the_case_on_reddit_stock_rddt/) back in June. The new filing came in Friday and the stock dropped 21% in a day. This post will also go through the Q2 filing and check how much of what we discussed in June actually held up. **TL;DR** * The quarter itself was strong. Revenue $**805M** (**+61%** YoY), operating margin **28.8%** (up from **27.6%**), EPS **$1.25**. Nothing broke. * The **21%** drop was due to the guide in the …