Reddit misses daily active unique visitors estimates on Google algorithm change, shares tumble
Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, hit by a change in Google's search algorithm that impacted how often the social media platform appeared in the search results,
Reddit stock tumbles as daily active users fall short of estimates
Reddit (RDDT) stock fell as much as 17% in after-hours trading Wednesday after the company's mixed fourth quarter earnings results failed to meet investors' high expectations. While the social media platform's fourth quarter revenue of $427.
Reddit shares slump 6% on daily active user miss
Reddit CEO Steve Huffman said that the company experienced some “volatility” in user growth as a result of a Google search algorithm tweak.
Reddit shares plummet as user growth miss takes shine off strong forecast
Reddit shares fell 6% in early trading on Thursday after the social media firm missed Wall Street estimates for fourth-quarter daily active unique visitors, hit by Google's search algorithm change.
Reddit shares fall 10% after company misses on user numbers
A Google search algorithm change caused some "volatility" with user growth in fourth quarter, but Reddit's search-related traffic has recovered in the first quarter, Reddit CEO Steve Huffman said. Reddit shares fell more than 10% on Wednesday after the company reported user growth numbers that came in below expectations for the fourth quarter.
The Hollywood Reporter11d
Snapchat Hits 453M Daily Active Users As Advertising Revenue Grows
By Caitlin Huston Business Writer Snapchat reached 453 million daily active users in the fourth quarter of 2024, up 39 million, or 9 percent year-over-year. The social media company reported ...
1 Number That Shows Why Meta Platforms Is a Screaming Buy
The growth and size of its platform is also driving the increases in its advertising business. Ad impressions were up 6% year ...
Reddit attributes Q4 user growth miss to Google's algorithm
Reddit (RDDT) shares slip lower Thursday morning after the social media platform beat fourth quarter revenue and earnings ...
Marketing Interactive8d
Which social media platforms are SEA users frequenting?
The Southeast Asia (SEA) region loves social ... on the platform each month and accessing it an average of 116.9 times. With users in the region being highly active on social media - where ...
Shacknews10d
Snapchat (SNAP) reports 453 million Daily Active Users (DAUs) in Q4 2024
Snapchat (SNAP) reported its Q4 2024 earnings results today. In addition to beating both earnings per share (EPS) and revenue ...
Portland Press Herald10d
Evolution of three huge social media platforms
TikTok: One of the newer social media platforms, TikTok is a combination of three separate apps. First, there was Musical.ly, which began in Shanghai in 2014. Users filmed and shared short lip ...