As Google Embraces AI, One Stock Is Losing Out. Others Are at Risk.

Reddit stock has dropped about 40% this year.

Reddit stock has taken a beating as investors worry how Google’s new artificial-intelligence search features could dent the social-media platform’s traffic. Other companies like Pinterest could also take a hit.

Reddit stock has dropped 40% so far this year, even though the company reported better-than-expected earnings and revenue growth for its March quarter.