Actually, this statement seems to be a misinterpretation. As of now, Reddit is a private company and does not trade publicly in the stock market. Any fluctuations in its reported valuation are the result of funding rounds and internal evaluations, not publicly traded shares. The reference to a deal between Open AI and Reddit must be about a data-sharing agreement possibly, which could influence private evaluations of the company, but it cannot cause a change in a stock price since Reddit does not currently have a stock listing.
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