Reddit shares tumble on weak guidance despite earnings beat
Published . Updated .
Investing.com -- Reddit reported third-quarter results that topped analyst estimates, but shares fell 8.5% after the social media company issued a weaker-than-expected revenue outlook and warned of accelerating declines in search referral traffic.
Directly affected
- RDDT Reddit-43.5% 18d
Named in this report.
Indirectly affected
- XLK Technology Select Sector SPDR+9.1% 16d
Technology Select Sector SPDR holds the technology sector that Reddit belongs to, so it often moves with news about it.
- 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.
- VRSK Verisk Analytics
Verisk Analytics is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.
- TOST Toast-9.7% 16d
Toast is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.
- HNGE Hinge Health
Hinge Health 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| RDDT | +11.15% | +5.19% | base | -29.82% | -28.70% | after close | after close |
| XLKNo price data for this ticker | — | — | — | — | — | — | — |
| ADPNo price data for this ticker | — | — | — | — | — | — | — |
| WDAYNo price data for this ticker | — | — | — | — | — | — | — |
| VRSKNo price data for this ticker | — | — | — | — | — | — | — |
| TOSTNo price data for this ticker | — | — | — | — | — | — | — |
| HNGENo 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 tumble on weak guidance despite earnings beat Yahoo Finance
Source: Yahoo Finance
This story
| Company | When | Move | Status |
|---|---|---|---|
| RDDT | that day | -29.82% | final price |
| RDDT | the next day | -28.70% | still updating |
| RDDT | three days earlier | +5.19% | final price |
| RDDT | five days earlier | +11.15% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Michael T. McCaul sold Reddit (RDDT) (held by a spouse), worth $15,001 - $50,000 on 7 Aug 2026. That is 83 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Automatic Data Processing (ADP), worth $15,001 - $50,000 on 26 Aug 2026. That is 64 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Workday (WDAY) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 62 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Workday (WDAY) (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 63 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Workday (WDAY) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 65 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Verisk Analytics (VRSK), worth $50,001 - $100,000 on 21 Aug 2026. That is 69 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Verisk Analytics (VRSK), worth $1,001 - $15,000 on 18 Aug 2026. That is 72 days before publication. Filed 10 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid “Reddit shares tumble on weak guidance despite earnings beat” looks
12 out of 100Price not final
“Reddit shares tumble on weak guidance despite earnings beat” scores 12 out of 100. The score uses 1 sources. The price is not final yet.