ISHP

First Trust Exchange-Traded Fund VI - First Trust S-Network E-Commerce ETF

Reddit stock rose sharply in late October after the company revealed a surprise profit and reported 68% year-over-year revenue growth.

Initially available to a limited number of U.S. users in English, the company plans to expand the feature globally in the future.

Analysts from Citi, JPMorgan and TD Cowen downgraded the stock citing weakness and tough macro backdrop. Following the downgrade, the stock plunged over 9% to new four-year lows and retail sentiment remained bearish.