Why Is Reddit (RDDT) Stock Price Up 6.22% Today, July 27? Rebound Builds Ahead of Earnings

Reddit shares rebounded 6.22% as investors rebuilt exposure after last week's selloff tied to uncertainty over a Google AI data-licensing arrangement. The move appears positioning-driven rather than based on new disclosures, leaving the licensing question and near-term earnings outcome as the key fundamentals. Technically, price recovered above key EMAs but remains below a nearby resistance area, while momentum indicators remain soft.