Reddit plunges 29% in worst single-day drop as Google AI search cuts referrals
Similar_Response_454 · reddit · 2026-11-03
Reddit says Google's AI answers are keeping users from visiting its site, costing it over a million search referrals per week. Investors responded with its worst single-day stock drop: a 29% plunge.
The poster also notes more people are replacing Reddit and Google searches with AI-based search, calling the trend disturbing for content platforms.
Related event: Reddit shares plunge 29% as Google AI search drains traffic(2 posts)→
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