A day after Alphabet lost $500 billion in market value due to a slowdown at Google, Reddit stock plunged 30% Friday after the company said its search traffic was “down meaningfully” in the third quarter. Shares in the digital platform, which went public in 2024, were trading at around $90.
Source: [Deadline](https://deadline.com/2026/10/reddit-shares-plunge-q3-search-traffic-earnings-1237209538/)