Reddit stock plunges 30% after weak outlook, heads for worst day ever
Reddit stock plummeted 30% after the company projected weaker-than-expected fourth-quarter sales, driven in part by a meaningful drop in search-referral traffic from Google due to AI Overviews. CEO Steve Huffman stated that the company plans to test requiring users to log in to access content in response to these search changes. Open article →
- Reddit stock got absolutely crushed, dropping 21.84% to $101.50 after its Q4 outlook disappointed...
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- Reddit stock plunges 30% after weak outlook, heads for worst day ever https://t.co/GaNPUOK26R
- Reddit stock today -28.46%, Bot/ghost town light in users
- I always enjoy checking out WSB on days like these. Someone YOLO'd $10m on $RDDT right before ea...
- UPDATE: Reddit down 30% in one day https://t.co/kSuaMp0AF9
- Yesterday's earnings call with Reddit's CEO will be referenced for years to come. Reddit, $RDDT,...