Source: press CNBC•October 30, 2026 at 10:14 PM

Reddit stock plunges 29% after weak outlook, wrapping its worst day ever

Shares of Reddit cratered 29.22% on Friday, the worst drop since becoming a public company in 2024, after the company forecast weak fourth-quarter sales in its latest earnings report. The previous record low was set on July 31, when the stock dropped 20.99%.

Shares of Reddit cratered 29.22% on Friday, the worst drop since becoming a public company in 2024, after the company forecast weak fourth-quarter sales in its latest earnings report.

The previous record low was set on July 31, when the stock dropped 20.99%.

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Reddit stock plunges 29% after weak outlook, wrapping its worst day ever

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