Unusual Price Movement
Reddit, Inc.
RDDT · NYSE
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Reddit, Inc.
RDDT · NYSE
Regular Market
92.48 USD
-37.12 (-28.64%)
- High
- Low
- Volume
Unusual Price Movement
Unusually heavy trading accompanied the earnings-driven selloff as analysts reset price targets.
Sources:
Reddit warned that Google AI search features and falling search referrals could reduce fourth-quarter daily users by a low-double-digit percentage if October trends persistKeyBanc downgraded Reddit to Sector Weight from OverweightGuggenheim maintained Buy but cut Reddit's price target to $170 from $255
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