Reddit shares got absolutely smoked compared to social media rivals like Meta and Snap yesterday, dropping 20%
Yesterday, Reddit shares suffered their worst drop since going public just under a year ago, as the platform’s rocky start to 2025 continues. After a pretty remarkable 2024, the stock is now down more than 35% so far this year.
With market misery across the board on Monday — the S&P 500 suffered its worst day of 2025 and the Nasdaq 100 notched its worst session since 2022 — Reddit wasn’t alone in falling, but the scale of its descent did separate it from the wider pack... especially compared with peers in the socials space.
While there were drops for Meta, Snap, and Pinterest, none suffered quite like Reddit, as the latest major social platform to go public proved most vulnerable to the whims of the market’s wider downturn. Reddit shares remain, at the time of writing, up ~113% from their IPO price last March.
Still, if you’re one of the execs at chat platform Discord reportedly eyeing your own potential IPO, Reddit’s recent woes might be enough to make you cast a downvote on getting to work on the idea anytime soon.
While there were drops for Meta, Snap, and Pinterest, none suffered quite like Reddit, as the latest major social platform to go public proved most vulnerable to the whims of the market’s wider downturn. Reddit shares remain, at the time of writing, up ~113% from their IPO price last March.
Still, if you’re one of the execs at chat platform Discord reportedly eyeing your own potential IPO, Reddit’s recent woes might be enough to make you cast a downvote on getting to work on the idea anytime soon.
