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Reddit Shares Plunge 30% After Company Says Its Q3 Search Traffic Was “Down Meaningfully”

Reddit Shares Plunge 30% After Company Says Its Q3 Search Traffic Was “Down Meaningfully”

News Briefvia Deadline

A day after Alphabet lost $500 billion in market value due to a slowdown at Google, Reddit stock plunged 30% Friday after the company said its search traffic was “down meaningfully” in the third quarter.

Source Deadline

This is a summary of a story originally reported by Deadline.

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