Reddit Stock Eyes Sub-$200 Drop

Sociable: Reddit posts solid Q4 revenue growth
Reddit has shared its latest performance update, covering Q4 and the full year for 2024. And the numbers are looking good for the app, with its enhanced business focus driving higher revenue, while its active user count also continued to climb in the last section of the year.
Reddit (NYSE:RDDT) Posts Better-Than-Expected Sales In Q4 But Stock Drops 15.1%
Online community and discussion platform Reddit (NYSE:RDDT) reported Q4 CY2024 results , with sales up 71.3% year on year to $427.7 million. Guidance for next quarter’s revenue was better than expected at $365 million at the midpoint,
Reddit Stock Eyes Sub-$200 Drop As User Growth Worries Eclipse Q4 Beat, Guidance: Retail Turns Wary
Reddit, Inc. (RDDT) shares tumbled in Thursday’s premarket trading as investors reacted negatively to the community-based social media company’s fiscal year 2024 fourth-quarter results. The weakness stemmed from fears over slowing user growth.
Reddit beats Q4 estimates but shares tumble on user growth miss
Reddit Inc (NYSE:RDDT) reported better than expected fourth-quarter earnings but missed expectations for daily active unique (DAU) visitors.
Reddit Stock Slides As Earnings Beat But User Growth Misses Expectations
Reddit stock slid despite reporting stronger-than-expected Q4 earnings and sales. User growth came in slower than forecasted.

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Reddit Shares Drop Nearly 12% in Premarket Trading Despite Strong Q4 Earnings
Reddit (RDDT, Financials) shares declined 11.7% in premarket trading to $191.00 on Thursday, despite reporting strong ...
Reddit Stock Falls After User Number Disappoints
Reddit stock is down Thursday after the social media platform fell short of expectations on a key metric for its fourth ...
Reddit keeps adding daily users.
The company saw Daily Active Uniques (“DAUq”) increase 39 percent year-over-year to 101.7 million, according to its Q4 2024 ...
Reddit revenue to decelerate in the second half, says Roth MKM
Roth MKM keeps a Neutral rating and $195 price target on Reddit (RDDT) after its Q4 results, saying that while the company delivered an ...
Wall Street Breakfast Podcast: Reddit Slips As Costs Soar
Soaring costs overshadow Reddit's decent Q4 report and forecast. Paramount channels CBS, MTV, among others going dark on ...
Reddit CEO blames Google for dip in traffic, says "Happen all the time”
Reddit saw a decline in traffic following a Google search algorithm update, notably impacting logged-out users. Despite this, ...
Reddit hints at expanded AI-powered search
Reddit plans to launch a revamped search tool that'll help users navigate the social network but also answer 'subjective, ...
Reddit price target raised to $185 from $142 at JPMorgan
JPMorgan raised the firm’s price target on Reddit (RDDT) to $185 from $142 and keeps a Neutral rating on the shares post the Q4 report. The ...