Google traffic wobble sends major signal for sinking Reddit stock
Covered by 2 sources · 2 articles
2 outlets - including Yahoo and Thestreet - are covering this story. Reddit just posted one of its best quarters ever. Revenue rose 61% year over year, and profit more than doubled. Guidance topped what Wall Street expected, yet the stock still dropped. That disconnect tells you something important about how…
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Google traffic wobble sends major signal for sinking Reddit stock
Google traffic wobble sends major signal for sinking Reddit stock
Reddit just posted one of its best quarters ever. Revenue rose 61% year over year, and profit more than doubled. Guidance topped what Wall Street expected, yet the stock still dropped. That disconnect tells you something important about how…