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Coverage dated October 30, 2026

Reddit Shares Plunge 30% After Company Says Its Q3 Search Traffic Was “Down Meaningfully”

Headline from Deadline

A day after Alphabet lost $500 billion in market value due to a slowdown at Google, Reddit stock plunged 30% Friday after the company said its search traffic was “down meaningfully” in the third quarter. Shares in the digital platform, which went public in 2024, were trading at around $90.

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Reports & sources

3 articles, oldest first.

  1. Quartz

    Reddit stock falls 25% on pace for its worst day ever as Google AI shrinks its traffic (opens Quartz)

    Published

    Quartz's feed description

    Reddit forecast fourth-quarter revenue of $1 billion to $1.03 billion after third-quarter revenue rose 53% from a year earlier

  2. Deadline

    Reddit Shares Plunge 30% After Company Says Its Q3 Search Traffic Was “Down Meaningfully” (opens Deadline)

    Published

    Deadline's feed description

    A day after Alphabet lost $500 billion in market value due to a slowdown at Google, Reddit stock plunged 30% Friday after the company said its search traffic was “down meaningfully” in the third quarter. Shares in the digital platform, which went public in 2024, were trading at around $90.

  3. Conservative Daily News

    Reddit Stock Plunges 23% as Google’s AI Search Cuts Off Its Traffic (opens Conservative Daily News)

    Published

    Conservative Daily News's feed description

    by Duncan Idaho at CDN - Reddit beat earnings estimates but warned its user base could shrink by double digits, wiping out billions in market value and putting a login wall on the table. Click to read the rest HERE-> Reddit Stock Plunges 23% as Google’s AI Search Cuts Off Its Traffic first posted at…

Reddit Shares Plunge 30% After Company Says Its Q3 Search Traffic Was “Down Meaningfully” | Since Then