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Reddit Did Not Announce Any AI Deals In Its Earnings Report. Its Stock Is Plunging

Reddit Did
International Business Times Fews App News Provider
Fews App Post Time ha 3h

Reddit's stock fell more than 20% on Friday, its largest intraday drop since the company went public. Mario Tama/Getty Images Reddit's stock fell about 20% on Friday, its largest intraday drop since the company went public. Yahoo Finance detailed that the drop could largely be explained by the absence of new AI partnerships, something investors were expecting.

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