Reddit shares slump 6% 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 shares plunge after Google algorithm change contributes to miss in user numbers
A Google search algorithm change caused some "volatility" with user growth in the fourth quarter, but Reddit's search-related traffic has recovered in the first quarter, Reddit CEO Steve Huffman said. Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in its fourth-quarter earnings.
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 Shares Tumble as Social Network’s User Growth Slows
Reddit Inc. shares slumped in late trading after fourth-quarter user growth missed Wall Street’s expectations, a sign the newly public company is struggling to keep up with larger digital advertising peers Meta Platforms Inc.
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'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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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 ...
Reddit hints at expanded AI-powered search
Reddit CEO Steve Huffman said the online forum site plans to launch an upgraded search experience in 2025 designed to help ...