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Why Reddit (RDDT) Shares Are Falling Today
StockStory18d agobearish
Why Reddit (RDDT) Shares Are Falling Today

Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 3.4% in the afternoon session after the European Union officially added the company to its strictest regulatory tier under the Digital Services Act because its user base exceeded 45 million monthly active users in the bloc. According to The Wall Street Journal, Reddit has been designated as a Very Large Online Platform (VLOP), a classification that requires the company to comply with stricter anti-harm standards and syste

Meta Heads Toward $580 as a $17B Teen Safety Settlement Ends the Trial; Snap Falls 9%
24/7 Wall St.24d agobearish
Meta Heads Toward $580 as a $17B Teen Safety Settlement Ends the Trial; Snap Falls 9%

Meta Platforms stock is up 1% to $575.60 at midday Wednesday after Meta Platforms (NASDAQ:META) agreed to a proposed multistate teen-safety settlement worth up to $17 billion, ending a federal trial that began days ago in Oakland. It’s the only major social-media name in the green. Meanwhile, Snap (NYSE:SNAP) stock is down 9% to $5.42 ... Meta Heads Toward $580 as a $17B Teen Safety Settlement Ends the Trial; Snap Falls 9%