Google’s AI Overviews Lowered Reddit’s Traffic. Its Stock Dropped 29%
Reddit’s stock plunged 29.22% on Friday, reports CNBC, its worst drop since becoming a public company in 2024.

Thursday Reddit reported a sales growth that was weaker than previous quarters, and also forecast weak sales for the quarter to come (below analysts expectations):

The report comes as the company has seen a shift in its search re … ⌘ Read more