Both in Cloud & Data Processing

Reddit vs RINGCENTRAL

Over the past year RDDT returned −53.1% and RNG returned +161.0%; their daily moves had a correlation of 0.23.

RDDT −53.1% RNG +161.0%Growth of $1, one year, split-adjusted
MetricRDDTRNG
Price$96.15$78.14
Market cap$18.57B$6.53B
Today+5.69%+0.51%
1 month−36.1%−1.2%
6 months−44.0%+63.6%
Year to date−58.2%+170.6%
1 year−54.0%+159.4%
Revenue growth (YoY)+53.0%+5.9%
Gross margin91.5%73.1%
Net margin31.7%83.5%
P/E (TTM)18.7×9.9×
Price / sales6.0×2.5×
Net cash$3.03B-$900.5M
Dividend yield—0.64%
Volatility (60d)90.0%48.8%
Short % of float16.5%9.0%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).