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Reddit, Inc. (RDDT) shares drew significant investor attention on Wednesday after the stock tumbled over 9% in the pre-market session and was the top trending equity ticker on Stocktwits.
Notably, Andrea Bosoni, a marketing strategist, has raised concerns about a shift in how OpenAI’s ChatGPT sources its information. In a recent post on platform X, Bosoni suggested that Reddit is no longer being heavily utilized by ChatGPT for generating answers.
However, retail sentiment around the stock jumped to ‘extremely bullish’ from ‘neutral’ territory the previous day. Message volume improved to ‘high’ from ‘normal’ levels in 24 hours.
The stock saw a 179% increase in user message count over the last 24 hours, as of Wednesday morning. Stocktwits users suggested buying the dip.
“I guess they realized that what random people say can’t be considered a trusted source after all,” said Bosoni, pointing to OpenAI prioritizing more reliable and vetted data. Bosoni’s post was also directed at those attempting to manipulate AI results through artificial brand promotion campaigns on Reddit.
On September 17, a Bloomberg report suggested that Reddit is holding preliminary discussions with Alphabet Inc. (GOOG, GOOGL) regarding a content licensing agreement. This is in addition to its previous data-licensing contract with Google, reportedly worth $60 million.
Reddit stock has gained 31% so far in 2025. For the third-quarter (Q3), the company anticipates revenue in the range of $535 million to $545 million, compared to an analyst consensus estimate of $546.20 million, according to Fiscal AI data.
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