Reddit Sinks 5% as Slower Growth Guidance Looms Over Earnings; Snap Drops 3%, Meta Holds Steady
Published . Updated .
Covered by 2 outlets: 24/7 Wall St., Yahoo Finance.
Who covered it: Center 1 · Not rated 1. How we rate outlets
Reddit stock is sliding hard into its earnings report while Meta barely flinches, and the gap between them tells a story about which ad model investors trust right now.
Directly affected
- RDDT Reddit-7.4% 16d
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+10.0% 30d
Automatic Data Processing is a peer of Reddit in computer processing and data preparation; rivals often move on the same news.
- WDAY Workday+8.2% 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 | +7.56% | +6.36% | base | -5.93% | after close | 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 Sinks 5% as Slower Growth Guidance Looms Over Earnings; Snap Drops 3%, Meta Holds Steady 24/7 Wall St.
Source: 24/7 Wall St.
This story
| Company | When | Move | Status |
|---|---|---|---|
| RDDT | that day | -5.93% | still updating |
| RDDT | three days earlier | +6.36% | final price |
| RDDT | five days earlier | +7.56% | 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 80 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 61 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Richard Dean McCormick sold Automatic Data Processing (ADP), worth $1,001 - $15,000 on 30 Jul 2026. That is 88 days before publication. Filed 14 Aug 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 59 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 60 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 62 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 66 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 69 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).
This story
25 out of 100Price not final
“Reddit Sinks 5% as Slower Growth Guidance Looms Over Earnings; Snap Drops 3%, Meta Holds Steady” scores 25 out of 100. The score uses 2 sources. The price is not final yet.