Reddit shares plunge 18% as it blames Google AI Overviews for traffic loss

Reddit shares fell about 18% after Q4 guidance and daily active users (130.3M vs 133.4M expected) missed forecasts, with weekly search traffic down over a million. CEO Steve Huffman blamed shrinking Google referrals and AI Overviews, marking Reddit's first major organic traffic decline in two years despite Google's earlier algorithm favoritism.

2026-10-30 ~ 2026-10-30 · 3 related posts

• Reddit CEO says Google search referrals are declining as AI Overviews reshape traffic — gaganghotra_ · 2026-10-30
• Reddit stock plunges 18% as search referrals drop over 1M weekly, CEO blames Google AI Overviews — daluoseo · 2026-10-30
• Google Zero comes for Reddit: algorithm favoritism can't stop the traffic bleed — lilyraynyc · 2026-10-30