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Reddit's stock drops 15% after the CEO said a Google algorithm tweak hurt traffic

Reddit's stock dropped more than 15% after hours on Wednesday after the company reported user growth below analyst expectations in its fourth-quarter earnings. The site averaged 101.7 million daily active unique users in the fourth quarter,

EconoTimes · 3h

Reddit Shares Drop 15% as Google Algorithm Change Impacts Traffic

Reddits stock tumbled 15% in extended trading after missing Q4 market estimates for daily active unique visitors. The decline was attributed to a Google algorithm update that affected how often the platform appeared

The Gazette · 12h

Reddit misses daily active unique visitors estimates on Google algorithm change, shares tumble

Reddit experienced some volatility with Google search later in the fourth quarter, triggered by a periodic algorithm change, but traffic from search has recovered so far in the first quarter, CEO Steve Huffman said in a letter to shareholders.

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MarketWatch on MSN · 8h

Reddit turns second quarterly profit since IPO but shares slide on user-growth miss

Reddit Inc. turned its second quarterly profit since becoming a public company, but shares fell after daily active unique users — which topped 100 million for the first time — fell short of expectations.

NBC New York · 12h

Reddit shares fall 10% after company misses on user numbers

A Google search algorithm change caused some "volatility" with user growth in fourth quarter, but Reddit's search-related traffic has recovered in the first quarter, Reddit CEO Steve Huffman said. Reddit shares fell more than 10% on Wednesday after the company reported user growth numbers that came in below expectations for the fourth quarter.

Investor's Business Daily on MSN · 12h

Reddit Stock Slides As Earnings Beat But User Growth Misses Expectations

Reddit stock slid despite reporting stronger-than-expected Q4 earnings and sales. User growth came in slower than forecasted.

11hon MSN

Reddit misses estimates for daily active unique visitors in fourth quarter, shares tumble

Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, sending its shares down ...

10hon MSN

Reddit hints at expanded AI-powered search

Reddit plans to launch a revamped search tool that'll help users navigate the social network but also answer 'subjective, ...

Reddit keeps adding daily users.

The company saw Daily Active Uniques (“DAUq”) increase 39 percent year-over-year to 101.7 million, according to its Q4 2024 ...

Reddit to Deliver Next Big Earnings Test for AI-Linked IPOs

Reddit Inc.’s blistering advance since it went public last year has inflated hopes for the social-media platform’s earnings ...

Reddit User Alleges CEO Made Late Comers Stand Outside Office Doors, Sparks Debate

The Reddit post ignited a heated discussion, with many users criticising the method as "heavy-handed" and "disrespectful." ...

16hon MSN

Reddit teams with Intercontinental Exchange to build financial-analytics products

The partnership will connect anonymous conversations on Reddit to Intercontinental Exchange’s data-science and ...

Beware of fake Reddit solutions delivering dangerous malware

Bad actors are now mimicking Reddit to spread malware that can steal personal information. CyberGuy shares what you need to ...

14h

Reddit Inc options imply 14.0% move in share price post-earnings

Pre-earnings options volume in Reddit ( RDDT) Inc is 1.3x normal with calls leading puts 3:2. Implied volatility suggests the market is anticipating a move near 14.0%, or $30.75, after results are ...

Reddit banned 90+ subreddits ‘accidentally’ but some are worried

Reddit banned more than 90 subreddits yesterday, later restoring them and blaming it on a bug, but some moderators ...

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