By the Top Tier Newswire AI Desk · July 23, 2026 at 10:05 AM ET · reviewed against 26 wire stories
REDDIT INC A (RDDT) is drawing unusual attention today. Our newswire has captured 26 stories on RDDT across 13 sources in the last 36 hours, with AI sentiment reading bearish (avg 40/100).
Why RDDT stock is moving today
Reddit Inc Class A (RDDT) is moving lower today amid reports of a potential rift with Alphabet over an AI data licensing agreement. The stock opened with a modest gap up but quickly reversed course, falling to a session low of $169.67 before recovering slightly to close the session near $177.78. The decline comes after news surfaced that Reddit may not renew its AI content deal with Alphabet, a partnership that reportedly brings in $60 million annually for the company.
What Happened
The primary driver of the stock’s movement is the reported standoff with Alphabet over access to Reddit’s content for AI training. The Wall Street Journal reported that Reddit is considering cutting off Google’s access, a move that has sparked speculation about the financial impact of losing this revenue stream. The news has led to a sharp sell-off in Reddit shares, with the stock dropping over 8% in early trading. Analysts have weighed in on the potential fallout, with some suggesting the move could be a strategic risk for Reddit. Additionally, Reddit’s CEO and other top executives have sold shares totaling $36.9 million in the last 90 days, adding to investor concerns.
What The Data Shows
The stock has been volatile in recent sessions, with a price trend of -15.7% over the last eight days, falling from $200.93 to $169.31. The current session shows a wide intraday range, with the stock opening at $173.53 and hitting a low of $169.67 shortly after the market opened. Trading volume has been unusually low at 0.7 million shares, which is 0.1 times the 3-month daily average. Options activity has also been skewed, with call premium at $5.6 million versus put premium at $1.2 million, indicating a bearish sentiment among traders.
What To Watch
Investors will need to monitor the company’s next earnings report for any further clarity on the potential impact of the Google deal. With the stock now below key moving averages and momentum indicators showing weakness, the near-term outlook remains uncertain.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.