Reddit's stock drops 15% after the CEO said a Google algorithm tweak hurt traffic
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Reddit's stock fell by 15% after CEO Steve Huffman revealed that a Google algorithm change caused traffic volatility in Q4. This highlights Reddit's dependency on external search engines for user traffic.
February 13, 2025 | 4:00 am
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Reddit's stock experienced a 15% decline following CEO Steve Huffman's statement about traffic volatility caused by a Google algorithm change. This underscores Reddit's reliance on external search engines for traffic.
The 15% drop in Reddit's stock is directly linked to the CEO's comments about a Google algorithm change affecting traffic. This indicates a significant reliance on Google for user traffic, which is a critical factor for Reddit's business model.
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