BTC 
ETH 
BNB 
XRP 
SOL 
TRX Reddit Q3 beat guidance but stock fell 29% as US daily users declined
A Reddit post analysing Reddit's Q3 results says the company beat its own guidance on revenue and adjusted EBITDA, yet the stock fell 29% on 10/30. The post cites the 10-Q showing US daily active uniques fell 5% quarter over quarter, driven by a 2.8 million drop in logged-out visitors, which it links to third-party search engine changes.
Why “Rumor”
- Only community or trader posts: r/investing
0 independent source groups across 1 post · evidence score 9/100. How labels work
What the sources claim
-
Reddit beat its own Q3 guidance with revenue of $895m, up 53% year over year.
“revenue $895m (guide $860–870m), up 53% year over year”
r/investing -
Reddit's stock fell 29% on 10/30, from $129.60 to $91.73.
“The stock went from $129.60 to $91.73 on 10/30, down 29%”
r/investing -
US daily active uniques fell 5% from Q2 to Q3 2026.
“So US DAUq fell 5% from Q2 and 2% from a year ago”
r/investing -
Logged-out US users fell by 2.8 million in one quarter.
“Logged-out users fell by 2.8m in one quarter”
r/investing -
The 10-Q attributes flat global user numbers predominantly to third-party search engine changes.
“offset predominantly by third-party search engine changes”
r/investing
Sources
More in Stocks & Indices
Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-02 14:00 UTC. Labels are computed from the sources, not by the model.