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 a change in Google's search algorithm that impacted how often the social media platform appeared in the search results,
Reddit shares slump 8% on daily active user miss
Reddit CEO Steve Huffman said that the company experienced some "volatility" in user growth as a result of a Google search algorithm tweak.
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.
Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Reddit shares fell more than 10% on Wednesday after the company reported user growth numbers that came in below expectations for the fourth quarter. Here's how the company did compared with LSEG estimates:
Reddit misses estimates for daily active unique visitors in fourth quarter, 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.
Reddit shares plummet as user growth miss takes shine off strong forecast
Reddit shares fell 9 per cent in early trading on Thursday after the social media firm missed Wall Street estimates for fourth-quarter daily active unique visitors, hit by Google's search algorithm change.
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 ...
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Reddit Stock Slides As User Growth Misses High Expectations After Big Rally
Reddit stock slid despite reporting stronger-than-expected Q4 earnings and sales. User growth came in slower than forecast.
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Reddit Set to Enhance Search with AI-Powered Expansion
Reddit is set to upgrade its search functionality with AI-powered enhancements, making it easier for users to navigate the ...
Is Google algorithm behind Reddit traffic dip? Here's what CEO Steve Huffman explains..
Reddit reported slower user growth due to Google's search algorithm changes, causing shares to drop 8.9%. CEO Steve Huffman ...
Dayton-built Wright Flyer III nears designation as state's official plane
Ohio moved one step closer to making the Wright brothers' Wright Flyer III the official state airplane Wednesday following a unanimous Senate vote. Senate Bill 24, backed by local lawmaker Sen. Steve ...