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Reddit stock plunges 29% after weak outlook, wrapping its worst day ever

Summary by Ground News
Shares of Reddit cratered 29.22% on Friday, the worst drop since becoming a public company in 2024, after the company forecast weak fourth-quarter sales in its latest earnings report.

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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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CNBC broke the news in Englewood Cliffs, United States on Friday, October 30, 2026.
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