J
Reddit’s stock fell 29 percent today following tough earnings.
The company announced yesterday that search traffic was “down meaningfully,” with CEO Steve Huffman saying that Google’s AI-powered search modes don’t “drive traffic.” Today’s stock market fall was its worst since going public in 2024, CNBC reports.
Yesterday, Reddit also announced that the platform will soon start requiring users to log in.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- New Zelda and GTA represent a games industry that no longer exists
- HomePod Mini 2 first look: Three things I love and one disappointment
- Sam Altman says it’s better for RAM to be in a data center than on your desk
- Keyboards of The Verge
- Sam Altman sympathizes with mathematicians, but says OpenAI’s math onslaught won’t stop
