Economic TimesLean R·
Reddit stock plunges 30% as Google's AI search threatens traffic and user growth
Reddit stock tumbled 30% on Friday after the social media platform warned that Google's growing use of artificial intelligence in search was hurting referral traffic and could weigh on user growth. The warning highlighted how the shift towards AI powered search is disrupting the traditional flow of visitors to websites that have long depended on Google for audience reach, Reuters reported.Reddit stock plunged 29.45% to $91.51, having hit a low of $89.28 earlier in the day.Reddit said its total …
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