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

Source: International Business Times

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.