Reddit’s stock plunged on Friday after the community discussion forum said its search referral traffic was down significantly in the third quarter. Analysts say the company’s new plan to shift to a logged-in user experience is likely to take time — and will probably continue to affect revenue in the process. Shares in the company nicknamed “the front page of the internet” tumbled 25% to $96.85, with the decline at 44% since the start of the year.
If the stock continues on this trajectory, it will mark its largest ever one-day percentage decrease and the lowest closing price in over a year, according to Dow Jones Market Data. Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Reddit shares on track for biggest-ever one-day drop.
It’s not the last of the bad news, analysts say. This strategist correctly recommended shorting Big Tech debt last year. Now he says the yields make it attractive.
AMD’s stock slides after Intel earnings reveal two big issues ‘He was heartbroken’: My husband’s kids abandoned him when he was dying. Was he right to leave everything to me? Intraday Data provided by FACTSET and subject to terms of use.
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