Reddit Shares Fall 28.1% to $93.18 as Search Traffic Weighs
Reddit shares were down 28.1% at $93.18 at 11:30 a.m. ET on October 30 as investors weighed weaker search traffic and planned login tests.
Reddit NYSE:RDDT, the community and advertising platform, faces a tough balancing act: protect its advertising engine without driving visitors away. Shares sank 28.1% to $93.18 at 11:30 a.m. ET on October 30 as investors weighed weaker search traffic and planned login tests. The platform's proposed…