🔴 RDDT is trading 5% down today after an analyst downgrade

RDDT is trading at $137.53 (-5.15%) after Wall Street Zen downgraded the stock from a "buy" to a "hold" rating.

• The downgrade is the most direct catalyst for today's drop, which saw the stock trade as low as $137.01 from a previous close of $145.00.
• This adds to recent headwinds for the company, including a £14.47 million fine from UK regulators over child privacy violations and a new lawsuit concerning its AI data licensing deals.