Reddit's Stock Struggles Amid Tech Sector Volatility

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Mar 28, 2025

Reddit Inc. is grappling with a significant downturn as its stock value has plummeted 50% since February. The company is facing mounting challenges due to fierce competition from digital advertising giants like Meta and Google. With a recent shift in Google's search algorithm affecting its US traffic, Reddit's financial outlook has dimmed, and short interest in its stock has increased. Despite two consecutive positive quarters, the company reported a GAAP earnings loss of $3.33 for 2024.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.