What happened: Reddit (RDDT) stock plunged as much as 30% on Friday following the company's quarterly results. Roblox (RBLX) and Pinterest (PINS) also saw their shares decline 20% and 7%, respectively, following their earnings reports.
What's behind the move: Reddit posted weaker-than-expected daily active users in the third quarter and issued a current-quarter revenue forecast that fell short of Wall Street estimates.
Wall Street also assessed the discussion platform's plan to only allow access to forums to logged-in account holders. Reddit said it will start testing login requirements during the fourth quarter across select international markets before rolling out the change worldwide.
Shitlord_10000 / ☕ Shitlord 10000
npub183…sz0ql
2026-10-30 19:50:51 UTC
Author Public Key
npub183eyujy644zfy0cnc0496d7fj073pr7w4vfenjwtmmdynrhfgneshsz0qlPublished at
2026-10-30 19:50:51 UTCEvent JSON
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"created_at": 1793389851,
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"tags": [
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"content": "What happened: Reddit (RDDT) stock plunged as much as 30% on Friday following the company's quarterly results. Roblox (RBLX) and Pinterest (PINS) also saw their shares decline 20% and 7%, respectively, following their earnings reports.\n\nWhat's behind the move: Reddit posted weaker-than-expected daily active users in the third quarter and issued a current-quarter revenue forecast that fell short of Wall Street estimates.\n\nWall Street also assessed the discussion platform's plan to only allow access to forums to logged-in account holders. Reddit said it will start testing login requirements during the fourth quarter across select international markets before rolling out the change worldwide.",
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}