Reddit Stock Plunges 23% Toward May 2025 Lows After User Growth Miss

Reddit shares crash 29% after weak Q4 outlook, Google search traffic concerns; set for worst-ever 1-day fall

Reddit shares plunged 29% after the company warned that weakening Google Search referrals could drive a low double-digit decline in daily users during Q4. Its revenue forecast missed expectations, overshadowing third-quarter results that beat estimates, with revenue up 53% year over year.

Reddit Stock Plunges 23% Toward May 2025 Lows After User Growth Miss

Reddit (NYSE: RDDT) shares plunged more than 23% to $100 in Friday's premarket trading, approaching levels last seen in May 2025 after the social media company reported weaker-than-expected user growth. Reddit also warned that total daily active users could fall by a low-double-digit percentage in the fourth quarter if search referrals continued declining at their October pace.Visit Website

Reddit stock plunges 25% on user growth concerns; analysts turn cautious

Reddit Shares Fall More Than 23% After User Growth Miss

Reddit said October search traffic fell by more than 1 million referrals per week on average and warned Q4 daily active uniques could decline if the trend continued.