Buy RDDT by Aug 21, 2026.

Source: [https://www.cnbc.com/2026/05/22/reddit-stock-drops-after-meta-launches-forum-app.html](https://www.cnbc.com/2026/05/22/reddit-stock-drops-after-meta-launches-forum-app.html) Reddit shares fell almost 6% on Friday on concern that a new app from Meta called Forum could create an alternative avenue for internet users to congregate and create discussion groups. Forum, launched as a test app on Apple’s iOS, is part of Facebook Groups. Analysts at Truist wrote in a note on Friday that it’s “an attempt by the company to compete against Reddit as an online forum for public discourse” and “represents a new threat.” Reddit’s …