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Meta, Scale AI deal positive for Reddit, says B. Riley
finance.yahoo.com/news/meta-scale-ai-deal-positive-132056584.html
In This Article:
B. Riley analyst Naved Khan views the Scale AI, Meta Platforms (META) transaction as positive for Reddit (RDDT). The implied $29B valuation for Scale AI points to the intrinsic value of Reddit’s “large and growing corpus,” the analyst tells investors in a research note.…
This story appeared on finance.yahoo.com, 2025-06-19 13:20:56.