US Stocks Alert | Reddit (RDDT.US) plunges over 27% after Q4 revenue outlook falls short of expectations

智通财经2026/10/30 15:25

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Zhihu Finance APP reported that on Friday, the social forum platform Reddit (RDDT.US) opened significantly lower. As of press time, it was down more than 27%, with a cumulative decline of over 37% in October. In terms of news, Reddit announced its third-quarter results and fourth-quarter outlook. The company's third-quarter revenue was $895 million, compared to the market expectation of $869.6 million. The company expects fourth-quarter revenue to be between $1 billion and $1.03 billion, which is below Wall Street's average expectation of $1.05 billion.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

US Stocks Alert | Reddit (RDDT.US) plunges over 27% after Q4 revenue outlook falls short of expectations

You may also like

Crypto prices