Reddit ( RDDT 1.27%) fell by over 18% after the closing bell, despite reporting a 71.3% increase in revenue versus last year.
Reddit shares fell 6% in early trading on Thursday after the social media firm missed Wall Street estimates for ...
Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, hit by changes in ...
Reddit has shared its latest performance update, covering Q4 and the full year for 2024. And the numbers are looking good for ...
Reddit’s DAUq miss was tied to a Google algorithm change. Read why RDDT stock is undervalued and positioned for growth in ad ...
B. Riley raised the firm’s price target on Reddit (RDDT) to $222 from $187 and keeps a Buy rating on the shares. The company’s Q4 results and ...
Reddit CEO Steve Huffman said that the company experienced some “volatility” in user growth as a result of a Google search ...
Reddit stock is down Thursday after the social media platform fell short of expectations on a key metric for its fourth ...
Reddit experienced some volatility with Google search later in the fourth quarter, triggered by a periodic algorithm change, ...
The algorithm change impacted how frequently the platform popped up in Google search results. The user growth issues caused by the algorithm change might keep Reddit's stock under pressure in the near ...
Reddit reported slower user growth due to Google’s search algorithm changes, causing shares to drop 8.9%. CEO Steve Huffman ...
Morgan Stanley raised the firm’s price target on Reddit (RDDT) to $210 from $200 and keeps an Overweight rating on the shares. The firm would ...