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Investor's Business Daily

Investor's Business Daily

Technology

Technology

Reddit Stock Slumps After Huge IPO Rally As Wall Street Debates The Site's Reliance on Google

Investor's Business Daily
Summary
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Reddit stock is down more than 30% year-to-date .

Wall Street is debating whether Reddit can sustain its rapid user and advertising growth.

The user-forum site relies heavily on Google search referrals.

Analyst: "What Google giveth, it will taketh away".

The best growth stocks have a Composite Rating of 90 or better. Reddit's lowest mark contributing to that score is a D- Accumulation/Distribution Rating. The rating analyzes price and volume changes in a stock over the past 13 weeks of trading by institutions. The D- score indicates heavy institutional selling in recent weeks . YOU MAY ALSO LIKE:.