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Reddit stock plunges 30% after weak outlook, heads for worst day ever

1 source1 article First seen 15 hours ago Updated 15 hours ago United States Truth score 43

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Summary

Reddit shares sank on Friday after the company issued weak Q4 sales guidance and announced it will test requiring users to log in to see content.

Description from CNBC.

Who is covering this

CNBC Center Factuality: High US 15 hours ago
Reddit stock plunges 30% after weak outlook, heads for worst day ever
Reddit shares sank on Friday after the company issued weak Q4 sales guidance and announced it will test requiring users to log in to see content.

Truth score

43/100Limited corroboration

Independent outlets: 1
Source reliability: 80/100
Sides of the spectrum covering it: 1/3
Propaganda risk: 0/100

How well the story is corroborated by independent, reliable outlets across the spectrum. Not a fact-check of each claim. How the truth score works

Coverage by lean

Centre 100%100%

Left: 0
Centre: 1
Right: 0
Not rated: 0

How lean is counted

Source quality

Average reliability: 80/100 (High)
Low-credibility outlets: 0%
State media: 0%
Opinion pieces: 0%

Where ratings come from

Where the coverage comes from

United States1