Reddit Stock Tumbles After User Growth Fails To Impress Investors

Category: Finance

Reddit's stock fell 5.57% after Q4 earnings revealed it missed Wall Street's expectations for daily unique visitors, achieving 101.7 million instead of the anticipated 103.1 million. Despite this, Reddit reported a 39% year-over-year growth in daily users, and exceeded EPS and revenue expectations with $428 billion in revenue. Analysts remain optimistic about Reddit's future, viewing the stock dip as a buying opportunity.

Keywords: Reddit, Q4 earnings, stock market

Source: RetailWire

Update At: 2/14/2025

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