Reddit misses daily active unique visitors estimates on Google algorithm change, shares tumble
Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, hit by a change in Google's search algorithm that impacted how often the social media platform appeared in the search results,
Reddit shares fall 10% after company misses on user numbers
A Google search algorithm change caused some "volatility" with user growth in fourth quarter, but Reddit's search-related traffic has recovered in the first quarter, Reddit CEO Steve Huffman said. Reddit shares fell more than 10% on Wednesday after the company reported user growth numbers that came in below expectations for the fourth quarter.
Let’s briefly discuss the top 10 social media platforms and why users ... YouTube daily, watching short clips, podcasts, movies, and long documentaries. Instagram has 2 billion active ...
Reddit (RDDT) shares slip lower Thursday morning after the social media platform beat fourth quarter revenue and earnings ...
By Caitlin Huston Business Writer Snapchat reached 453 million daily active users in the fourth quarter of 2024, up 39 million, or 9 percent year-over-year. The social media company reported ...
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