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Reddit Shares Plunge 18% After Revenue Outlook Misses Expectations

Reddit shares fell about 18% in after-hours trading in New York after the company said it would limit unregistered users’ access to its platform and issued a revenue outlook below expectations.

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SquawkNews Desk

Reddit shares plunged about 18% in after-hours trading in New York on Thursday October 29, after the company said it would limit how much of its platform people could view without an account and issued a revenue outlook that fell short of expectations.Investors seemed to fear that the move would hu…

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