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Investor's Business Daily

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Reddit stock slides after Wells Fargo downgrades the social media player

Investor's Business Daily
Summary
Nutrition label

77% Informative

Wells Fargo analyst Ken Gawrelski dropped Reddit stock to a neutral equal weight call from overweight.

He focused much of his analysis on concerns about user growth from Google search that have dogged Reddit stock this year .

Reddit has warned on back-to-back earning calls that changes from Google to its search algorithm had slowed its user growth.

The company's initial rally following the results flipped into a 4% loss in next day trading.

VR Score

83

Informative language

89

Neutral language

51

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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