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The brokerage firm warned that disruptions in search traffic could become permanent as Google rolls out AI-integrated search, posing a long-term headwind for Reddit’s visibility and traffic ...
Wells Fargo downgraded Reddit to Equal Weight from Overweight on Monday, warning that recent disruptions to user behavior may become lasting and undermine growth expectations.
Reddit shares are ... analysts saying that recent user disruptions are likely to be more permanent as Google “more aggressively” implements AI features in search.
Detailed price information for Reddit Inc Cl A (RDDT-N) from The Globe and Mail including charting and trades.
The firm also expects Reddit’s stock to remain under pressure because of user disruption. Overall, RDDT ranks 8th on our list of AI stocks that are surging on news and analyst ratings.
Shares of Reddit slipped Monday as Wells Fargo downgraded the stock amid concerns the social media company could be hurt by ...