Reddit Aktie News

Reddit, Inc. stock is down 14% over the past five days as the market (over)reacts to data showing lower citation frequency for Reddit on ChatGPT. While this is cause for concern, RDDT should offset any impact with extra engagement from Google's AI-Mode, which got expanded to 180 countries in August. There are also new potential tailwinds from early talks to expand its content-sharing agreement ...

A recent study conducted by AI company Promptwatch suggests that Reddit (RDDT -1.21%) is being used less often as a source for ChatGPT queries. This revelation led to a steep decline in Reddit's stock price on Wednesday.

I expected a revenge rally for Reddit in H2 in my previous post. Since then, the stock has outperformed the S&P 500 by 7x, despite 25% down from September highs. The company delivered a 78% YoY revenue surge in Q2 with Adjusted EBITDA margin of 33%, driven by 84% growth in advertising, far exceeding management's expectations. The stock is facing volatility from declining ChatGPT citations, as i...

Reddit (NYSE:RDDT) shares slid 12% to close at $202.60 on Wednesday, following a 5% decline a day earlier, after data from AI search engine tracker Promptwatch showed that use of Reddit's content in AI chatbot ChatGPT had declined sharply in September.  Promptwatch reported that Reddit content was cited in just 2% of ChatGPT responses on September 30, down from 9.7% during the previous month, a...

Shares of Reddit (RDDT -11.84%) are falling on Wednesday, down 11.8% as of 3:46 p.m. ET. The drop comes as the S&P 500 and the Nasdaq Composite gained 0.3% and 0.4%, respectively.

New data shows decline in ChatGPT citations.

Mentions of Reddit Inc (NYSE: RDDT) on the artificial intelligence (AI) chatbot, ChatGPT, have dropped sharply – and investors are reacting. According to Promptwatch, Reddit content appeared in 2.0% of ChatGPT responses on Tuesday – down from nearly 10% a month earlier and over 14% at its September peak.

Reddit (RDDT 0.79%) stock has been a big winner since its initial public offering (IPO). Since the day of its market debut in March 2024, the company's share price has rocketed 606% higher as of this writing.