Reddit stock falls as RBC notes declining user activity and ChatGPT citations
NegativeFinancial Markets

Reddit's stock has taken a hit as RBC Capital Markets highlights a concerning trend of declining user activity on the platform, coupled with increased mentions of ChatGPT in discussions. This decline in engagement could signal potential challenges for Reddit's growth and revenue, making it a critical moment for the company to reassess its strategies to retain users and compete in the evolving digital landscape.
— Curated by the World Pulse Now AI Editorial System