Why RDDT fell 21.0% on Oct 30 2026: weak q4 guidance
RDDT-21.0%on Fri Oct 30 2026
Reddit, Inc. was down 21.0% on the day at $102.44, ranked #1 on — its usual five-minute volume, when TapeRank recorded this drop at 04:01 ET during the pre-market session.
THE DAY ON THE LIST · 1 EVENT
- 04:01 ETMOVER · PRE-MARKET
$102.44 · ▼ 21.0% ON THE DAY · — 5M RVOL · RANK #1
STRETCHEDCONFIDENCE5/5Reddit is down 20.1% after reporting a modest EPS and revenue beat but guiding Q4 sales below consensus. The large pre-market decline is explained by the guidance miss and weaker search-referral traffic concerns, but its size is disproportionate to the mixed results.
WHYDown 20.1% on a 2.9% EPS beat and 4.5% revenue beat, offset by Q4 revenue guidance 1.5%-4.4% below consensus, makes the move larger than the disclosed news supports.ANALYZED 04:01 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 04:01 ET
LAST102.44DAY▼ 21.0%5 MIN▼ 3.36%5M RVOL—5M $VOL$1.9MFLOAT*146.1MRANK#1SESSIONPRE-MARKETVWAP104.41HOD106.00LOD102.44OR HIGH—OR LOW—PREV CLOSE129.60PM HIGH106.00PM LOW102.44GAP▼ 20.96% (indicated)* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
THE SESSION
- 09:30 ETOpened at $100.25, -22.6% on the previous close of $129.60
- 09:30 ETRegular-session high, $101.98
- 14:06 ETRegular-session low, $89.28
- 15:59 ETLast trade of the regular session, $91.67, -29.3% on the previous close of $129.60
- Volume: 29.6M shares in regular hours, 2.1M before the open
RDDT opened at $100.25 after a sharp premarket decline from the previous close and briefly reached $101.98, but then fell to $89.28 by 14:06 ET before recovering to finish the regular session at $91.67. TapeRank tied the move to weak Q4 revenue guidance after Reddit reported modest EPS and revenue beats, alongside concerns about declining Google search-referral traffic; it judged the decline disproportionate to the mixed results. No regular-session halts were recorded.
WRITTEN FRI OCT 30 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- THU 17:44 ETReddit Q3 2026 Earnings Call TranscriptBenzinga
- THU 17:27 ETReddit CEO Says Total Sessions Are Down Due To Declining Search Referral Traffic; Says Co Has 'Dramatically Reduced' The Time It Takes To Train New Models, To Deploy New ModelsBenzinga
- THU 17:26 ETReddit CEO Says Google Appears To Be Ranking Machine-Translated Reddit Content Lower; Says Google Search Traffic Decline Does Not Reflect Consumer Demand For Reddit; Says Reddit Remains A Top Google Search Term Despite Traffic DeclineBenzinga
- THU 17:26 ETReddit CFO Says Total Headcount Grew ~3% Sequentially And 12% YoYBenzinga
- THU 17:25 ETReddit COO Says Trailing 12-Month Revenue Crossed $3BBenzinga
- THU 17:15 ETReddit CEO Says Company Re-Releasing Incognito Mode In App As Read-Only ExperienceBenzinga
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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