Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Reddit, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Why Is Reddit, Inc. (RDDT) Under Investigation?
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of shareholders of Reddit, Inc. (NYSE: RDDT).
On October 29, 2026, after the market closed, Reddit reported its third-quarter financial results. During the accompanying earnings call, management reportedly discussed declining traffic referrals from Google as Google expanded its AI search features. Reddit also issued fourth-quarter revenue guidance of $1.00 billion to $1.03 billion, below analysts’ expectations of approximately $1.045 billion.
Following these disclosures, Reddit’s stock price dropped $37.87 per share, or approximately 29.22%, to close at $91.73 on October 30, 2026.
What Potential Securities Violations Is BG&G Investigating?
- Whether Reddit, Inc. and certain of its officers made false or misleading statements regarding the Company's financial condition and business prospects.
- Whether Reddit, Inc. failed to disclose material adverse information that would have been significant to a reasonable investor.
- Whether the Company's earnings guidance was supported by a reasonable factual basis at the time it was made.
What Should Reddit, Inc. (RDDT) Investors Do?
How Is Reddit, Inc. (NYSE: RDDT) Stock Trading Today?
Interactive chart showing the weekly share price history of NYSE:RDDT (NYSE:RDDT).
How Does BG&G Help Investors in Securities Fraud Investigations?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
We handle cases on a contingency fee basis — we advance all litigation costs on your behalf. There is no fee unless we are successful.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”