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RDDT FRAUD ALERT: Reddit, Inc. 9% Stock Drop Triggers Securities Fraud Class Action – Investors Notified to Contact BFA Law by August 18 (NYSE:RDDT)
GlobeNewswire News Room· 2025-07-12 11:36
Core Viewpoint - A lawsuit has been filed against Reddit, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentation of user growth impacted by Google's AI technology [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tamraz, Jr. v. Reddit, Inc., et al., No. 25-cv-05144 [2]. - Investors have until August 18, 2025, to request to be appointed to lead the case [2]. Group 2: Allegations Against Reddit - The complaint alleges that Reddit misrepresented the impact of Google's AI technology on its user growth, suggesting that it downplayed the negative effects [3][4]. - Google's AI technology has reportedly reduced the need for users to visit Reddit for answers, leading to a decline in user engagement [4]. Group 3: Stock Performance - Following a report on May 1, 2025, indicating a slowdown in daily active user growth, Reddit's stock price fell by $4.96, or over 4%, from $118.79 to $113.83 per share [5]. - On May 21, 2025, an analyst from Baird lowered the stock price target for Reddit, resulting in a further decline of $9.79, or over 9%, from $105.64 to $95.85 per share [6].
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Reddit, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RDDT
GlobeNewswire News Room· 2025-07-11 16:47
NEW YORK, July 11, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Reddit, Inc. (NYSE: RDDT) between October 29, 2024 and May 20, 2025, both dates inclusive (the “Class Period”), of the important August 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased Reddit securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO ...
Class Action Filed Against Reddit, Inc. (RDDT) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-07-11 13:00
NEW YORK, July 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Reddit, Inc. ("Reddit, Inc." or the "Company") (NYSE: RDDT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Reddit, Inc. investors who were adversely affected by alleged securities fraud between October 29, 2024 and May 20, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/reddit-inc-lawsuit-submission-f ...
Reddit, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before August 18, 2025 to Discuss Your Rights – RDDT
GlobeNewswire News Room· 2025-07-10 20:53
NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Reddit, Inc. (NYSE: RDDT). Shareholders who purchased shares of RDDT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/reddit-inc-loss-submission-form/?id=156056&from=3 CLASS PERIOD: October 29, 2024 to May ...
Investors in Reddit, Inc. Should Contact The Gross Law Firm Before August 18, 2025 to Discuss Your Rights - RDDT
Prnewswire· 2025-07-10 13:00
NEW YORK, July 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Reddit, Inc. (NYSE: RDDT).Shareholders who purchased shares of RDDT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/reddit-inc-loss-submission-form/?id=156040&from=4CLASS PERIOD: October 29, 2024 to May 20, 202 ...
RDDT COURT NOTICE: Reddit, Inc. Investors may have been Affected by Fraud – Contact BFA Law by the August 18 Legal Deadline (NYSE:RDDT)
GlobeNewswire News Room· 2025-07-10 12:18
Core Viewpoint - A lawsuit has been filed against Reddit, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentations about user growth impacted by Google's AI technology [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tamraz, Jr. v. Reddit, Inc., et al., No. 25-cv-05144 [2]. - Investors have until August 18, 2025, to request to lead the case [2]. Group 2: Allegations Against Reddit - The complaint alleges that Reddit downplayed the negative impact of Google's AI on its user growth, which has been significant as users can find answers directly through Google without visiting Reddit [3][4]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. Group 3: Stock Performance - Following the announcement of a slowdown in daily active user growth on May 1, 2025, Reddit's stock price fell by $4.96, or over 4%, from $118.79 to $113.83 [5]. - On May 21, 2025, after an analyst cut the stock price target due to concerns over Google's AI, Reddit's stock dropped by $9.79, or over 9%, from $105.64 to $95.85 [6].
“时尚女魔头”卸任:社交媒体时代崩塌的权威
虎嗅APP· 2025-07-09 13:21
以下文章来源于硅谷101 ,作者硅谷101 硅谷101 . 有趣有用的商业访谈 本文来自微信公众号: 硅谷101 ,作者:鲁漪文,编辑:陈茜,原文标题:《数字时代崩塌的时尚 权威,与"帝王式主编"神话破灭:时尚女魔头Anna Wintour卸任 | 101 Weekly》,题图来自:视觉 中国(Anna Wintour) 6月26日,统治全球时尚界长达37年的"女魔头"Anna Wintour, 突然卸任美版《Vogue》总编辑,震 动整个行业。 但在此之后,康泰纳仕有几年没有达到营收目标。这当然和全球印刷广告收入在过去20年间的下滑 是分不开的。尽管这些财务数据听起来不太乐观,但Anna Wintour本人的传奇色彩却从未褪色,她 是帝国的建立者。 等级分明的审美系统,时尚编辑 们的帝国 这不仅是一次人事变动,更像是一个旧时代落幕:在很多人看来,Anna Wintour作为时尚界的话事 人、"穿普拉达的女魔头",她本人就是代表整个时尚行业的一个重要文化符号。英国卫报专栏作者 Marina Hyde直接下结论: Anna的革命已经结束了,她输了。 如今随着互联网与社交媒体的全面成熟,高度封闭、等级分明的时尚帝 ...
“时尚女魔头”卸任:社交媒体时代崩塌的权威
Hu Xiu· 2025-07-09 02:39
6月26日,统治全球时尚界长达37年的"女魔头"Anna Wintour,突然卸任美版《Vogue》总编辑,震动整个行业。 如今随着互联网与社交媒体的全面成熟,高度封闭、等级分明的时尚帝国已然崩塌。本周101 Weekly节目的第二期就来聊聊,谁还有资格定义"时尚"?传 统时尚集团又该如何自救? 这不仅是一次人事变动,更像是一个旧时代落幕:在很多人看来,Anna Wintour作为时尚界的话事人、"穿普拉达的女魔头",她本人就是代表整个时尚行 业的一个重要文化符号。英国卫报专栏作者Marina Hyde直接下结论:Anna的革命已经结束了,她输了。 Anna Wintour的传奇色彩,以及她的时尚帝国 很多人知道Anna的名字,但却不了解她手下的时尚帝国。《Vogue》全球共28个国际版本,而美版Vogue已经走过100多年,是最具影响力的Vogue刊物。 Anna本人虽然不再担任美版Vogue总编辑的职务,但她仍担任出版商康泰纳仕集团的首席内容官(chief content officer)及Vogue的全球编辑总监(global editorial director),仍然掌控着Vogue全球的总体策略。 ...
Reddit, Inc. (RDDT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-07-08 16:00
Core Viewpoint - Investors in Reddit, Inc. (NYSE: RDDT) have the opportunity to lead a securities fraud class action lawsuit due to undisclosed material information affecting the company's performance [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from October 29, 2024, to May 20, 2025, Reddit's management failed to disclose significant changes in Google Search's algorithm that negatively impacted user traffic to Reddit [2]. - Key allegations include that the changes in Google's algorithm led to a decrease in users' queries on Reddit, which was materially different from previous traffic reductions [2]. - It is claimed that the increase in searches for "Reddit" was due to users finding answers directly on Google, rather than intending to visit Reddit, leading to a dramatic reduction in traffic that the company could not mitigate in the short term [2]. - The lawsuit asserts that the defendants lacked a reasonable basis for their forecasts regarding user rates and advertising revenues, making their positive statements about the company's business misleading [2]. Participation Information - Investors who suffered losses related to Reddit are encouraged to participate in the class action lawsuit before the lead plaintiff deadline of August 18, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate in the lawsuit [3][4].
Shareholders that lost money on Reddit, Inc.(RDDT) should contact Levi & Korsinsky about pending Class Action - RDDT
Prnewswire· 2025-07-08 13:00
NEW YORK, July 8, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Reddit, Inc. ("Reddit, Inc." or the "Company") (NYSE: RDDT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Reddit, Inc. investors who were adversely affected by alleged securities fraud between October 29, 2024 and May 20, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/reddit-inc-lawsuit-submission-fo ...