Reddit shares crash 29% after weak Q4 outlook, Google search traffic concerns; set for worst-ever 1-day fall
Mint 1 hr ago·30 Oct 2026, 5:05 pm
Reddit's shares fell sharply after the company warned that a slowdown in Google Search referrals could cut daily active users by a low double‑digit percentage in Q4. The warning pushed the stock down about 29% in a single session, marking its biggest one‑day drop.
While Reddit posted a strong third‑quarter performance, with revenue up roughly 53% year‑on‑year and beating estimates, the outlook for the next quarter fell short of analysts’ expectations. The miss stems from the anticipated dip in traffic, which is a key driver of ad revenue.
Investors will be watching the company’s Q4 results closely, especially the actual change in daily active users and any steps Reddit takes to reduce reliance on Google Search. Updates on advertising pricing or new traffic sources could also shape the stock’s near‑term trajectory.
Excerpt from Mint
Reddit shares plunged 29% after the company warned that weakening Google Search referrals could drive a low double-digit decline in daily users during Q4. Its revenue forecast missed expectations, overshadowing third-quarter results that beat estimates, with revenue up 53% year over year. Shares of Reddit plunged 29%…Read the original at Mint
Key takeaways
- Category: Results.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
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