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 misses estimates for daily active unique visitors in fourth quarter, shares tumble
Reddit experienced some volatility with Google search later in the fourth quarter, triggered by a periodic algorithm change, but traffic from search has recovered so far in the first quarter, CEO Steve Huffman said in a letter to shareholders.
The company saw Daily Active Uniques (“DAUq”) increase 39 percent year-over-year to 101.7 million, according to its Q4 2024 ...
Reddit shares dropped 6% after reporting weak user growth in the fourth quarter. Steve Huffman, Reddit's CEO, said the company experienced some "volatility" in user growth as a result of a Google ...
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Snapchat has seen a more than 40 percent year-over-year increase in the number of creators posting content on Snapchat in Q4.
Reddit shares fell 6% in early trading on Thursday after the social media firm missed Wall Street estimates for ...
Reddit (RDDT) shares slip lower Thursday morning after the social media platform beat fourth quarter revenue and earnings ...
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