Reddit Shares Drop Over 15% Amid User Growth Concerns
Reddit's shares fell more than 15% after reporting weaker-than-expected user growth in its fourth-quarter earnings, despite strong financial results and optimistic future revenue guidance.
Reddit Shares Drop Over 15% Following Disappointing User Growth Report
Reddit Inc. experienced a significant drop in its stock price after reporting weaker-than-expected user growth for the fourth quarter, despite strong financial results and optimistic future guidance.