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.

  • Possibly linuxEnglish
    29•10 days ago

    Its almost like you need a healthy community that isn’t pissed at you

    • @dumblederp@aussie.zoneEnglish
      7•10 days ago

      I got banned by AI for discussing jiu-jitsu technique, then got banned by ip/email for ban avoidance when I switched accounts. Now I can’t make an account without dancing through temp mail and a VPN so fuckem. Lemmy gold rush will be ramping up soon enough.

      • loriEnglish
        6•10 days ago

        Meanwhile a guy who does nothing but try to convince retail store employees to tell him about their retail uniforms so he can jerk off to it manages to make new accounts every day for years. Why can’t you fix THAT, Reddit?

  • FartsWithAnAccent
    11•10 days ago

    Still overpriced and they’re actively working to make it shittier and shittier. Keep eXTrAcTiNg VaLuE Spez!

  • loriEnglish
    8•10 days ago

    I don’t really understand the appeal of reddit as an investment vehicle anyway. Social media is notoriously unprofitable. Reddit only recently managed to get there after how many years??