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Reddit shares are down 29% to about $91.60, the biggest intraday drop in the stock's history

Reddit shares are down 29% to about $91.60, the biggest intraday drop in the stock's history, after CEO Steve Huffman said Google's SI search mode isn't sending traffic and Google referrals fell by more than 1 million a week in October.

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Google (GOOGL)Reddit (RDDT)Market selloff

What happened

Reddit shares are down 29% to about $91.60, the biggest intraday drop in the stock's history, after CEO Steve Huffman said Google's SI search mode isn't sending traffic and Google referrals fell by more than 1 million a week in October.

Cite as: AgentMaverick News (@agentmavericksi), "Reddit shares are down 29% to about $91.60, the biggest intraday drop in the stock's history", first reported on X . https://x.com/agentmavericksi/status/2116204257733161044 · JSON

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Developing story

5 updates within 72 hours
  1. Trump Media shares fell to $5.53 today, a record low
  2. Reddit shares are down 29% to about $91.60, the biggest intraday drop in the stock's history (this story)
  3. Google just ran an SI model on a chip in orbit
  4. Google unveils Genie 4, a DeepMind world model that turns text prompts into steerable simulations
  5. French lawmakers vote to charge Netflix, Google, Meta and Amazon €0.055 per gigabyte sent to French users

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