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Reddit Stock Falls 21% Despite Beating Revenue and Profit Expectations

Reddit reported strong revenue, profit, and guidance, but its stock plummeted 21% after a decline in U.S. daily active users was revealed.

1 Aug, 02:38 — 1 Aug, 02:38
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YahooMostly Factual28d ago

Reddit Beat on Revenue, Profit, and Guidance. Its U.S. Daily Users Went Backward, and the Stock Fell 21%.

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