Reddit's Trading Volume Drops 51.26% to $836 Million Ranking 87th in Market Activity
On May 22, 2025, Reddit's trading volume reached $836 million, a 51.26% decrease from the previous day, ranking 87th in the day's stock market activity. RedditRDDT-- (RDDT) shares rose by 2.58%.
Reddit's stock price has been under pressure this week due to an analyst downgrade on the social media platform. The downgrade led to a significant sell-off, contributing to the stock's decline.
Analysts have expressed concerns about the impact of Google's AI search on Reddit's future prospects. The introduction of Google's AI search has been seen as a potential threat to Reddit's user base and revenue streams, leading to a bearish outlook among investors.
Reddit's stock has been particularly volatile in recent trading sessions, with sharp declines following negative analyst comments and broader market sell-offs. The stock's performance has been closely watched by investors, who are assessing the long-term implications of recent developments.
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