Reddit Stock Downgraded by Wells Fargo
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Reddit Q1 Report Resurfaces Google FearsInvestor's Business Daily
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Business & Economics
Reddit stock slides after Wells Fargo downgrades the social media player

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.
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