Reddit Stock Tumbles as User Growth Misses Expectations
1. Reddit's Q4 earnings surpassed estimates, with $427.7 million revenue. 2. Net income rose to $71 million, beating expectations. 3. Daily active users were 101.7 million, below analyst forecast of 103.24 million. 4. Q1 revenue is projected $360-$370 million, exceeding last year's $243 million. 5. Stock fell 15% post-earnings despite significant prior gains since IPO.