Reddit was the only real mover. The news that matters is more senior turnover at Microsoft.
Movers with a reason#
- RDDT — $149.53, +4.98% | no identifiable catalyst; it took back some of a roughly 10% slide since Sep 21 but is still deep below its $263.50 52-week high | Hold (medium)
Company news worth knowing#
- MSFT ($512.80, −0.02%): Ryan Roslansky, the former LinkedIn CEO who more recently ran Office and Copilot apps, will leave at year-end. Research head Peter Lee is also leaving. Both follow earlier exits by Phil Spencer and Rajesh Jha. The stock didn’t react, but watch Copilot execution. Hold (medium)
Quiet: NET +1.07%, META +0.10%, AMZN −0.37%.
Earnings are expected Oct 28 for MSFT and META, and Oct 29 for RDDT, NET and AMZN.