Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.
Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.
(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 BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the D...
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.
Still overpriced and they're actively working to make it shittier and shittier. Keep eXTrAcTiNg VaLuE Spez!
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??
I would be lying if I said I didn't find the fact that Reddit's stock is crashing physically arousing.
Its almost like you need a healthy community that isn't pissed at you
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.
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?
I know what will help the stock price! Drive more users away! That will work for sure.
Looks good on em.
Ha Ha! 👉