RDDT is trading at $157.39 (-4%), bucking the trend of a broader tech rally as major indices climb.
- Shares continue a 7-day period of weakness following a May 1 price spike, with volume holding at moderate levels early in the session.
- No company-specific news or earnings reports explain today's decline; notably, Google's new AI feature highlighting Reddit content as Expert Advice has failed to provide a lift to the stock price.