Reddit slides 10% overnight on traffic warning despite strong results
RDDT Reddit Inc
$178.04 +0.03%
차트·분석 보기 → - 1Reddit (RDDT) shares fell 10% in overnight trading despite strong second-quarter results and an optimistic outlook.
- 2Second-quarter revenue jumped 61% to $805 million, beating the $730 million estimate, with EPS of $1.25.
- 3Investors focused on management's warning that search-traffic volatility poses a business risk, according to the original report.
This 3-line summary is compiled from the report below.
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