Reddit Stock Plunges 30% as Google's AI Search Hits Traffic and User Growth
Reddit shares have fallen 44% this week after CEO Steve Huffman said Google's AI-driven search features are reducing referral traffic. Weaker user growth and softer fourth-quarter guidance also weighed on investor sentiment. BTC was down 0.1% in the first hour after the story and is down 0.1% since publication.
Source: Decrypt · Written by Blockdeck from public reports and live market datamarket_reactionBTC/USD around the story+0.06% since the news
Price at the news$76,806.70
First hour after+0.28%
Since the news+0.06%
Volume that hour0.5× normal
Headline and excerpt credited to Decrypt. Prices on this page are live, not from the time of the story. Not financial advice.