$RDDT has reported strong quarterly results, exceeding revenue estimates and experiencing significant stock price appreciation. The company’s stock surged by 25% following the announcement, reaching new highs with a notable increase of 40% in value. Analysts and traders have expressed enthusiasm over the stock's performance, highlighting its impressive growth and potential. The stock's short float stands at 4%, indicating a relatively low level of short interest, which may contribute to its upward momentum. The positive sentiment surrounding $RDDT suggests a strong market position and investor confidence.