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Reddit Stock Plunges 30% as AI Search Hits Traffic
Original: Reddit Stock Drops 30% as AI Search Cuts Traffic
Reddit's shares fell sharply, dropping around 30% amid concerns that AI-powered search tools are reducing traffic to the platform. Investors fear users are increasingly getting answers directly from AI assistants and search overviews instead of visiting Reddit, threatening the advertising revenue tied to its user traffic. The decline has renewed debate over how AI summarization affects websites that rely on search referrals.
Why now: Investors are reacting to the steep share price drop and fears that AI search is eroding Reddit's traffic and revenue.
API: https://socialmediatrends-api.osmike.com/v1/trends/4407209