CEO Steve Huffman said a Google algorithm tweak caused "volatility" on the site.

Reddit shares dropped over 20% Friday after CEO Steve Huffman said the social media company saw volatile search referrals and traffic.

Shares of social news platform Reddit (RDDT) dropped over 7% in after-hours trading yesterday, on news of a $1.2 billion stock sale by its shareholder, Advance Magazine Publishers. Shares gained ...

Reddit’s Q2 revenue jumped 61%, but its stock fell more than 20% on fears Google’s AI Overviews is drying up the search traffic it depends on.

That single line, more than the earnings beat itself, is what moved the stock. Reddit has spent years building a business ...