RDDT NOTIFICATION: Lose Money on Reddit, Inc.? BFA Law Alerts Investors that its Investigation Could Allow Investors to Recover Losses (NYSE:RDDT)

Core Viewpoint - Reddit, Inc. is under investigation for potential violations of federal securities laws, primarily related to misleading statements about the impact of Google's AI on its user growth [1][2]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is leading the investigation into Reddit for possible securities fraud [1]. - The investigation stems from Reddit's assurances to investors that Google's AI did not materially affect its user growth, which has been contradicted by evidence [2][3]. Group 2: Impact on Stock Performance - Following a downgrade by Wall Street analyst Baird, Reddit's stock price fell by $9.79, or over 9%, from $105.64 on May 20, 2025, to $95.85 on May 21, 2025 [4].