EconomicUnited States·30 Oct 2026
Reddit Shares Decline Following Quarterly User Growth Miss
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Reddit shares experienced a 24% decline in New York premarket trading after the company reported third-quarter daily active users of 130.3 million, missing the Bloomberg consensus estimate of 133.53 million. While international user numbers rose 24%, US users fell 1.7% to 50.7 million, a significant concern as Reddit generates higher revenue per user in the…
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