Reddit Stocks Fall 18% Despite Q3 Earnings Beat on Weak Q4 Guidance
Reddit stock fell nearly 18% in after-hours trading on Oct. 29 despite the social media platform reporting stronger-than-expected third-quarter earnings. The decline was driven by concerns about slowing user growth, weaker-than-expected fourth-quarter revenue guidance, and declining referral
RDDT-29.36%
GateMacroTradfiHub·10-30 09:02
