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Reddit's User Growth Slows
Reddit shares plummet as user growth miss takes shine off strong forecast
Reddit shares fell 6% 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 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 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 CEO blames Google for dip in traffic
Reddit’s Google traffic ‘curveball’ is a buying opportunity for investors, analyst says
Reddit said its user-growth numbers were affected by Google search “volatility” triggered by an algorithmic 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 expectations in its fourth-quarter earnings. The site averaged 101.7 million daily active unique users in the fourth quarter,
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 noted improvements in early 2024 but acknowledged reliance on Google for traffic.
19h
on MSN
Reddit shares plummet as investors fret over miss in daily active unique visitors
Reddit shares tumbled 13% in premarket trading on Thursday after the social media firm missed expectations for daily active ...
12h
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 ...
1d
on MSN
Reddit hints at expanded AI-powered search
Reddit plans to launch a revamped search tool that'll help users navigate the social network but also answer 'subjective, ...
1d
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 ...
2d
Reddit to Deliver Next Big Earnings Test for AI-Linked IPOs
Reddit Inc.’s blistering advance since it went public last year has inflated hopes for the social-media platform’s earnings ...
14h
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 ...
Money Morning
10h
Buy Reddit’s Earnings Dip at this Price
Today’s pullback has Reddit stock resting on two technical support features that signal a short-term buying opportunity in Reddit’s strong bullish trend. First, the stock is finding support at the ...
1d
Reddit Forecasts Quarterly Revenue Above Estimates
(Reuters) - Reddit forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on its artificial ...
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