AIDecryptabout 2 hours ago
Reddit Shares Plunge 30% on Google AI
4 min read
Reddit stock fell 30.44% to $90.15 after CEO Steve Huffman warned Google's AI search cut referral traffic by over 1 million weekly in October. The decline followed a fourth-quarter revenue forecast of $1 billion to $1.03 billion, below analyst expectations, despite 53% Q3 growth.
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