$RDDT is down as the market debates leverage in the Google deal.
We’ll publish our view today.
The real question: is Google sending users to Reddit, or using Reddit’s content to keep them?
$RDDT down 5% because people think Reddit is walking away from Google? I actually see the opposite. This reads like a company telling Google, “The next contract won’t be $60M buddy” Google needs Reddit’s data 10x more today than it did when they signed the original deal