Meta launches Forum app, driving Reddit shares down 6%
Meta has launched a new app called Forum, which aims to compete directly with Reddit's community discussion model. Following the announcement, Reddit's shares dropped by approximately 6% as investors reacted to the potential threat. The app is currently in a testing phase and is limited to users in the United States.
- ▪Meta's Forum app was quietly released on the iOS App Store on May 22.
- ▪Reddit's shares fell about 6% in response to the launch of Forum.
- ▪The app allows users to have pseudonymous usernames while enabling group admins to access real identities for moderation.
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Meta launches Forum app, driving Reddit shares down 6% Meta's new standalone discussion app takes direct aim at Reddit's community model, and Wall Street noticed immediately. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Meta quietly dropped a new app called Forum onto the iOS App Store around May 22, and Reddit investors felt the tremor almost instantly.
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