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Why Reddit (RDDT) Shares Are Getting Obliterated Today
StockStory11d agoneutral
Why Reddit (RDDT) Shares Are Getting Obliterated Today

Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 23.2% in the morning session after the company's strong second-quarter earnings report and robust forward guidance were overshadowed by concerns that changes to Google's AI search could alter the path of its user traffic and growth.Reddit delivered revenue of $804.9 million, a 61.1% year-over-year increase which handily beat expectations. Profitability followed suit, with EBITDA coming in well above consensus estimates.

Bloomberg11d agobearish
Reddit Shares Plunge by Record on Dearth of New AI Deals

(Bloomberg) -- Reddit Inc. shares suffered their worst intraday drop ever after the social media company failed to announce any new data licensing agreements in its latest earnings report, disappointing investors who are hoping to see a shift in revenue streams.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsChip Stocks Post Biggest Advance Since April 2025: Markets WrapMicrosoft’s $450 Billion Jum

Reddit Is Bearish on Nio. Wall Street Couldn’t Disagree More.
24/7 Wall St.11d agoneutral
Reddit Is Bearish on Nio. Wall Street Couldn’t Disagree More.

Retail investors who bought Nio during the 2020 EV craze are openly questioning whether to cut their losses, but Wall Street analysts are moving in the opposite direction with striking conviction. The gap between those two camps reveals something important about where this stock goes next.

Reddit (RDDT) Beats Q2 Estimates As AI Advertising Grows And Search Risks Emerge
Simply Wall St.11d agobullish
Reddit (RDDT) Beats Q2 Estimates As AI Advertising Grows And Search Risks Emerge

Reddit (NYSE:RDDT) reported Q2 results that surpassed its earnings estimates, supported by rapid expansion in AI-driven advertising. The company highlighted a rising advertiser base using its AI tools to target Reddit’s interest-based communities. Management also flagged ongoing risks tied to search-driven traffic volatility and unresolved Google data licensing terms for AI training. Reddit sits at the intersection of user generated content, online communities, and targeted advertising. The...

Investing.com12d agobullish
Reddit shares slide despite strong Q2 beat and upbeat guidance

Investing.com -- Reddit Inc (NYSE:RDDT) reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of revenue growth above 60% and issuing robust guidance for the upcoming period. For the three months ended June 30, total

Reddit (NYSE:RDDT) Delivers Strong Q2 CY2026 Numbers But Stock Drops 10.3%
StockStory12d agobearish
Reddit (NYSE:RDDT) Delivers Strong Q2 CY2026 Numbers But Stock Drops 10.3%

Online community and discussion platform Reddit (NYSE:RDDT) beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 61.1% year on year to $804.9 million. On top of that, next quarter’s revenue guidance ($865 million at the midpoint) was surprisingly good and 4.2% above what analysts were expecting. Its GAAP profit of $1.25 per share was 29.6% above analysts’ consensus estimates.