Reddit's stock dropped 5% as investors reacted to its guidance for slower revenue growth in Q3 2026, signaling concerns about sustaining its rapid gains. Snap's stock also fell 3%, while Meta Platforms held steady with a slight increase, reflecting investor confidence in its broader ad model. Reddit's upcoming earnings report on October 29 will be closely watched for advertising revenue growth and U.S. user trends, which are critical to restoring investor confidence. The slower growth forecast contrasts with Reddit's past strong quarterly results, raising caution for investors.
Following Reddit's announcement of slower growth guidance, its stock on Pluang is down 6.03% at USD 135.57 as of Oct 26, 2026 23:01 WIB. Snap shares also declined by 2.92% to USD 6.16, while Meta Platforms showed resilience with a slight 0.24% decrease, trading at USD 641.08. These movements reflect current investor sentiment on Pluang as the market digests the latest outlooks.
