Reddit stock falls 4% despite strong user and revenue growth in Q2 2026

Reddit's stock dropped 4% even as its daily active users grew 18% year-over-year to 130.3 million and revenue surged 61% to $805 million in Q2 2026. The company also saw a doubling of adjusted EBITDA and strong international growth, with international revenue up 84%. Despite these positive operating results, investors remain cautious due to valuation concerns and the challenge of sustaining growth and profitability. Meanwhile, Meta Platforms showed stability with a slight decline, and Snap's stock rose 1% on improving ad conditions and AI tool developments.

Despite Reddit's reported 4% drop in stock price, on Pluang its shares are up 0.54% at USD 163.24 as of Sep 15, 2026 20:48 WIB. Meta Platforms shows a slight gain of 0.88% with its price at USD 671.46 during the same time. Snap's stock is rising 2.06%, trading at USD 5.94, reflecting positive momentum on the platform.