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.

    • dumblederp@aussie.zoneEnglish
      7·
      3 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.

      • lori@lemmy.zipEnglish
        6·
        3 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?

  • supersquirrel@sopuli.xyzEnglish
    27·
    3 days ago

    I would be lying if I said I didn’t find the fact that Reddit’s stock is crashing physically arousing.

  • lori@lemmy.zipEnglish
    8·
    3 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??