Reddit, Inc. Investigation - RDDT

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Reddit, Inc. (NYSE: RDDT)

Learn more about the Reddit, Inc. Investigation

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Reddit, Inc. Investigation Details

Reddit, Inc. shares fell 28.29% following its Q3 earnings report. Although the company exceeded third-quarter revenue and earnings expectations, investors reacted negatively to weaker-than-expected Q4 revenue guidance and slower user growth. Management disclosed that Google search-referral traffic slowed meaningfully in Q3, and plans to test a logged-in requirement raised additional concerns about future user acquisition.

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