A closer look at “Reddit Stock Plunges 30% as Google's AI Search Hits Traffic and User Growth | Nova Global ”, exactly as the source publishes it. Reddit shares have tumbled 44% this week, including a 30% single-day drop, after CEO Steve Huffman warned that Google's AI-powered search features are reducing referral traffic to the platform. The company also reported weaker-than-expected user growth and issued disappointing fourth-quarter guidanc Reddit Stock Plunges 30% as Google's AI Search Hits Traffic and User Growth
Reddit shares have tumbled 44% this week, including a 30% single-day drop, after CEO Steve Huffman warned that Google's AI-powered search features are reducing referral traffic to the platform. The company also reported weaker-than-expected user growth and issued disappointing fourth-quarter guidance, compounding investor concerns. Huffman noted that changes in Google's search results, which increasingly surface AI-generated answers, have led to fewer clicks through to Reddit threads. For the complete material, the listing points back to the source inside the network.