Reddit shares on track for largest ever one-day drop — and analysts say the bad news hasn’t ended

Reddit shares declined sharply on Friday following the company's announcement of lower revenue guidance and a plan to test requiring user login to view content. MarketWatch reported a 25% drop, while CNBC reported a 30% decline. The stock decline marked the company's worst trading day on record according to CNBC.

• MarketWatch — Reddit shares on track for largest ever one-day drop — and analysts say the bad news hasn’t ended
• CNBC Tech — Reddit stock plunges 30% after weak outlook, heads for worst day ever

Next story