Geopolitics Alpha

Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks

Published . Updated .

GEOPOLITICS ALPHAReddit shares sink on weak salesguidance and plans loginrequirement test as Google search…RDDTGOOGLGEOPOLITICS ALPHA

This report does not map to a usual set of affected companies.

Directly affected

  • RDDT Reddit-43.5% 18d

    Named in this report.

  • GOOGL Alphabet-21.2% 30d

    Named in this report.

Indirectly affected

  • XLK Technology Select Sector SPDR+9.1% 16d

    Technology Select Sector SPDR holds the technology sector that Alphabet belongs to, so it often moves with news about it.

  • META Meta Platforms-17.0% 30d

    Meta Platforms is a peer of Alphabet in computer programming, data processing, etc.; rivals often move on the same news.

  • APP AppLovin-20.4% 17d

    AppLovin is a peer of Alphabet in computer programming, data processing, etc.; rivals often move on the same news.

  • BSP Bending Spoons S.p.A

    Bending Spoons S.p.A is a peer of Alphabet in computer programming, data processing, etc.; rivals often move on the same news.

  • ZM Zoom Communications+0.1% 19d

    Zoom Communications is a peer of Alphabet in computer programming, data processing, etc.; rivals often move on the same news.

  • FLUT Flutter Entertainment-17.9% 19d

    Flutter Entertainment is a peer of Alphabet in computer programming, data processing, etc.; rivals often move on the same news.

  • ADP Automatic Data Processing+8.8% 30d

    Automatic Data Processing is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.

  • WDAY Workday+3.0% 30d

    Workday is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
RDDT+11.15%+5.19%base-29.82%after closeafter closeafter close
GOOGLNo price data for this ticker———————
XLKNo price data for this ticker———————
METANo price data for this ticker———————
APPNo price data for this ticker———————
BSPNo price data for this ticker———————
ZMNo price data for this ticker———————
FLUTNo price data for this ticker———————
ADPNo price data for this ticker———————
WDAYNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks CNBC

Source: CNBC

This story

CompanyWhenMoveStatus
RDDTthat day-29.82%final price
RDDTthree days earlier+5.19%final price
RDDTfive days earlier+11.15%final price

Trades by members of Congress and officials in the stocks in this story

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This story

12 out of 100

“Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks” scores 12 out of 100. The score uses 1 sources.