Reddit's stock fell 25% following a significant decline in its third-quarter search referral traffic. The company is shifting to a logged-in user experience, a change analysts believe will take time and likely continue to impact revenue negatively. This drop marks Reddit's largest one-day percentage decrease and its lowest closing price in over a year, reflecting investor concerns about the platform's growth and monetization strategy.
Following the news of Reddit's steep stock drop, the shares on Pluang are trading at USD 95.00, down 26.75% as of Oct 30, 2026 22:02 WIB. The platform shows a market cap of $24.93 billion for Reddit, with all current Pluang investors holding their positions, indicated by 0% sell and 100% buy order activity. The typical hold time on Pluang for Reddit shares is 28 days, reflecting a medium-term investor interest despite recent volatility.
Block & Leviton LLP is investigating Reddit for potential securities violations after the company disclosed a significant drop in search referral traffic and warned of a possible double-digit decline in daily users for Q4 2026. Reddit also issued rev...
Reddit reported strong Q3 2026 earnings with revenue up 53% and net income rising 74%, beating analyst expectations. However, its stock fell 25% as CEO Steve Huffman warned that Google's AI-powered search is reducing Reddit's referral traffic, potent...
Reddit's CEO Steve Huffman revealed a significant drop in search referral traffic, losing over 1 million weekly visits due to Google's AI search features. To counter this, Reddit plans to test a logged-in-only experience in select non-U.S. markets in...
Binance reported a $6.3 billion security breach, freezing about $3 billion in assets and suspending withdrawals temporarily while investigating. Intel's Q4 revenue and profit guidance fell short due to a PC market slowdown, causing its shares to drop...
Reddit's stock dropped 5% before its Q3 2026 earnings report due to worries about slowing U.S. user growth, contributing to a 44% year-to-date loss. The company forecasts slower revenue growth for Q3 compared to Q2, with international user growth out...
