Reddit shares sink after weak sales guidance and login test plans

Reddit shares fell after the company posted third-quarter earnings with weak sales guidance and revealed plans to test requiring all users to log in. Reports tie the moves to shrinking Google search traffic.

Timeline

1. 29 Oct, 22:00 UTCFirst appeared on CNBC

Top sources

• Reddit’s CEO says Google’s AI Mode ‘does not drive traffic’The Verge
• Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinksCNBC