Reddit Stock Plummets 15.70% in Four Days, Trading Volume Drops to 95th Rank

On May 20, 2025, Reddit's trading volume was 7.56 billion, a 33.26% decrease from the previous day, ranking 95th in the day's stock market. Reddit (RDDT) fell 2.18%, marking the fourth consecutive day of decline, with a total drop of 15.70% over the past four days.

Wells Fargo has revised its outlook for Reddit (RDDT), lowering its rating from Overweight to Equal-Weight. This change in rating reflects a more cautious stance on the company's future performance, potentially influencing investor sentiment and contributing to the recent decline in Reddit's stock price.