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Reddit Stock Plunges 23% to 2025 Lows on Weak User Growth

Reddit shares tumbled after reporting disappointing user growth and warning of potential further declines in daily active users.

Reddit shares tumbled after reporting disappointing user growth and warning of potential further declines in daily active users. This is an original Token Times brief synthesising 2 outlets (The Crypto Basic, CoinCodex), with their figures cross-checked, plus live market data, as of Fri, 30 Oct 2026 16:00:01 UTC.

Why it matters

The sharp drop in Reddit's stock highlights investor concerns about the platform's growth trajectory and its ability to maintain user engagement amid declining search referrals.

Covered by 2 outlets over about 21.7 h — Token Times synthesises them all into one brief
  1. CoinCodex
    ARK Invest Makes Biggest Robinhood Stock Purchase in 6 Months as HOOD Falls 23% ↗
  2. The Crypto Basic
    Reddit Stock Plunges 23% Toward May 2025 Lows After User Growth Miss ↗
Key takeaways
  • Reddit shares fell 23% to $100 in premarket trading.
  • User growth missed expectations and daily active users could decline further.
  • ARK Invest purchased $9.1M in Robinhood shares amid market volatility.
What the reporting agrees on

Multiple outlets report that Reddit's stock dropped 23% to $100 in premarket trading after the company revealed weaker-than-expected user growth and warned of potential double-digit declines in daily active users. While The Crypto Basic focuses on the stock price impact and user growth concerns, CoinCodex adds context about ARK Invest's significant Robinhood purchase amid broader market volatility. No outlet contradicts these core facts.

The story so far · 2 briefs
  1. Amazon Stock Plunges 7% on Weak Earnings and AI Spending Concerns
  2. Reddit Stock Plunges 23% to 2025 Lows on Weak User Growth — this brief

Reddit's stock price plummeted 23% to $100 in premarket trading on Friday, reaching its lowest point since May 2025. This significant decline follows the company's announcement of disappointing user growth metrics and a warning about potential further declines in daily active users.

The social media platform reported that its user growth had fallen short of expectations, raising concerns about its ability to maintain and expand its user base. Additionally, Reddit cautioned that if the current rate of decline in search referrals continues, the company could see total daily active users fall by a low-double-digit percentage in the fourth quarter.

The news has sparked concerns among investors about Reddit's growth prospects and its capacity to adapt to changing user behavior and market conditions. The stock's sharp decline reflects these worries, as the company faces challenges in maintaining its user engagement and attracting new users.

In related market activity, ARK Invest, led by Cathie Wood, made a significant purchase of 99,418 Robinhood shares worth $9.1 million. This move marks ARK Invest's largest acquisition of Robinhood shares in six months and comes as the trading platform's stock also dropped 23%, with its crypto revenue plunging 55%.

The broader crypto market is experiencing a downturn, with the total market cap at $2.67 trillion and Bitcoin down 4.94% in the past 24 hours. The overall market sentiment, as indicated by the Fear & Greed Index, remains in 'Fear' territory at 30.

The market when this published · October 30, 2026
Total market cap₹253.98T
Bitcoin 24h-4.94%
Ethereum 24h-4.35%
BTC dominance58.2%
Fear & Greed30 · Fear
Cross-source data check

1 key figure independently matched across 2 outlets reporting this story.

23%2× corroboratedThe Crypto Basic, CoinCodex

Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.

On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 30, 2026.

Robinhood TVL$584.14M-9.2% 7dDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Reddit Stock Plunges 23% to 2025 Lows on Weak User Growth — questions & answers

Why did Reddit's stock price drop so significantly?

The stock dropped due to weaker-than-expected user growth and warnings of potential further declines in daily active users.

What is ARK Invest's recent investment activity?

ARK Invest bought 99,418 Robinhood shares worth $9.1 million, its largest purchase in six months.

How is the broader market performing?

The total crypto market cap is $2.67T, with Bitcoin down 4.94% in the past 24 hours.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from The Crypto Basic, CoinCodex, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyRobinhood CompanyCathie Wood Person
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 30, 2026 ⛓ Timestamped at Bitcoin block #973,833 sha256:60afc41974cfcbb3
Corroborated across 2 outlets, reported over about 21.7 h — this is an original Token Times summary with live market data, not the original article.CoinCodex · Oct 29 15:25 ↗The Crypto Basic · Oct 30 13:08 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.