SocialQuartzabout 1 hour ago
Reddit Stock Plummets 25% on Google Traffic Drop
2 min read
Reddit stock fell 25% on Thursday, down 44% since the start of the year, marking a potential record loss. The company reported third-quarter revenue of $895 million, up 53% from a year earlier. Daily active uniques rose 12% to 130.3 million globally, though U.S. users fell 2% to 50.7 million.
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