(Reuters) - Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, hit by a change in Google's search algorithm that impacted how often the social media ...
In a dramatic turn of events, Reddit’s stock plummeted more than 15% after the company’s fourth-quarter earnings report revealed disappointing user growth numbers. The unexpected decline was ...
Reddit shares have plunged 60% in March, now trading at $110, down from a February peak of $208. Analysts warn that Reddit's reliance on Google's search algorithm for user growth is unsustainable.
Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in its fourth-quarter earnings. Global daily active uniques, or DAUq, rose 39% from a year ...
UK news site the Sun ended 2024 by losing half of its audience, due in part to “algorithm changes at certain platforms,” according to the latest earnings report from parent company News Corp. On the ...
Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in its fourth-quarter earnings. Stream Los Angeles News for free, 24/7, wherever you are.
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