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 BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges Push Muni Debt Distress Near RecordThe social

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.

    • Krudler@lemmy.worldEnglish
      0·
      3 months ago

      Not to be cynical, but the same human sludge on Reddit is now here. There’s a major problem with the collective consciousness that a new platform won’t solve.

        • berno@lemmy.worldEnglish
          0·
          3 months ago

          DNC started astroturfing heavy around 2015 and kept pushing. It’s been an entire decade of slop on that hellsite

          • Ledericas@lemm.eeEnglish
            0·
            3 months ago

            Dnc isn’t on Reddit much, which is a separate issue the the GOP have successfully coopted all social media, thats why they are in power

            • berno@lemmy.worldEnglish
              0·
              3 months ago

              Lmao you’re willfully ignorant or a shill. DNC has been running propaganda for a decade now on Reddit. Shareblue is a thing.

      • Echo Dot@feddit.ukEnglish
        0·
        3 months ago

        Reddit didn’t die because of them though. He died because they got rid of everyone else.