Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows
finance.yahoo.com
(Bloomberg) -- The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure. Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesThe social media platform

The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

  • @Xanza@lemm.eeEnglish
    83•10 days ago

    Huffman needs exactly 0 help to run reddit into the ground. He’s been doin’ it for years.

    • enkersEnglish
      22•10 days ago

      It’s actually kinda nice that he’s not going full nose-dive straight into the ground. Getting a steady stream of users is better for Lemmy’s culture, than a full exodus event, imo. It gives us a chance to not be reddit, but something better.