Key Facts About Recent Stock Movements
Palantir Technologies (NASDAQ: PLTR) has seen a remarkable 69% surge in stock price since April 2, 2024, supported by its AI platform’s success, achieving 39% year-over-year revenue growth in Q1 2025, resulting in a net income of over $214 million. Despite this, the company’s trailing P/E ratio surpasses 600, sparking concerns about potential overvaluation.
Reddit (NYSE: RDDT) shares soared nearly 50% since April 2, 2024, marking a stunning 300% increase since its IPO on March 21, 2024. The company’s recent earnings report shows 108 million daily active users and $392 million in revenue, a 61% increase year-over-year, with growth attributed to expanding user base and potential AI content licensing deals.
Netflix (NASDAQ: NFLX) has recorded a 36% increase in stock price since April 2, 2024, contributing to over 104,000% growth since 2022. The streaming service’s paid subscriber count rose over 15% year-over-year, reaching over 301 million. Analysts predict average annual earnings growth of approximately 22% over the next three to five years, despite a current trading P/E of 51.
