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Reddit shares on track for biggest-ever one-day drop. It’s not the last of the bad news, analysts say.

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Reddit shares on track for biggest-ever one-day drop. It’s not the last of the bad news, analysts say.

Shares in the online discussion platform tumbled 25% on Friday morning after the company issued a lower-than-expected revenue outlook.

Reddit shares on track for biggest-ever one-day drop. It’s not the last of the bad news, analysts say.


Source:MarketWatch

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Source:https://www.marketwatch.com/story/reddit-shares-on-track-for-largest-ever-one-day-drop-and-analysts-say-the-bad-news-hasnt-ended-25d46284