Reddit stock tumbles as daily active users fall short of estimates
In addition to a miss on quarterly EPS, Reddit's daily active users in the December quarter hit 101.7 million, less than the 103.8 million expected.
Reddit Stock Falls After User Number Disappoints
Reddit stock is down Thursday after the social media platform fell short of expectations on a key metric for its fourth quarter. Here's what you need to know.
RDDT Earnings: Reddit’s Stock Plunges 18% as User Numbers Miss Target
Shares of Reddit (RDDT) are down 18% after the social media company known for its online message boards reported a user numbers that fell short
Reddit Stock Falls After User Growth Misses Expectations
Reddit shares tumbled after the social-media company reported slower-than-expected growth in users. Daily users totaled 101.7 million for the three months through December—an increase from the previous quarter but less than the 103.
Reddit Stock Is Down on Disappointing User Growth. Why Analysts Say To Buy the Dip.
Key Takeaways Shares of Reddit tumbled Thursday after the company reported fewer-than-expected users in the fourth quarter. However, several analysts told clients they view the stock's drop as an opportunity to buy the dip.
Why Reddit (RDDT) Stock Is Down Today
What Happened? Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 19.8% in the pre-market session after the company reported mixed fourth-quarter results: revenue, EPS, and EBITDA all outperformed Wall Street's estimates,
Reddit Tanks After Q4 Earnings: Why I'm Doubling Down
Reddit's Q4 earnings showed strong growth and profitability, but user growth fell short of analyst expectations, leading to a ...
Jim Cramer Says I think Reddit, Inc. (RDDT)’s Fabulous
We recently published a list of 10 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where Reddit ...
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Reddit (NYSE:RDDT) Posts Better-Than-Expected Sales In Q4 But Stock Drops 15.1%
Online community and discussion platform Reddit (NYSE:RDDT) reported Q4 CY2024 results , with sales up 71.3% year on year to ...
Reddit: A Chance To Load Up On The Dramatic Nosedive
Reddit’s DAUq miss was tied to a Google algorithm change. Read why RDDT stock is undervalued and positioned for growth in ad ...
Reddit Inc Class A (RDDT) Gets a Buy from Loop Capital Markets
In a report released today, Alan Gould from Loop Capital Markets reiterated a Buy rating on Reddit Inc Class A (RDDT – Research Report), with a ...
Reddit Stock Is Trading Lower Thursday: What's Going On?
Reddit Inc (NYSE:RDDT) shares are trading lower Thursday on the heels of the company's fourth-quarter financial results. The stock is off the lows of the session after multiple analysts raised price ...
Reddit misses daily active unique visitors estimates on Google algorithm change, shares tumble
Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, hit by changes in ...
Biggest stock movers Thursday: CSCO, RDDT, and more
Stock futures edged higher Thursday morning, supported by renewed optimism for a potential Ukraine peace deal. However, hotter-than-expected inflation data dampened hopes for a rate cut, keeping gains ...