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Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows. (finance.yahoo.com)

submitted 1 week ago by [email protected] to c/[email protected]

452 comments fedilink hide all child comments

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.

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[–] [email protected] 86 points 1 week ago (24 children)

at this point Elon should buy it too, drive it to ground like Twitter.

[–] [email protected] 17 points 1 week ago (19 children)

This would actually be a great outcome.

While most people would likely move to Digg v2.0 (I am just being realistic), this will help fuel growth in the threadiverse. And at any rate, the major instances would simply not be able to handle 1 million MAUs immediately moving to Lemmy.

[–] [email protected] 3 points 1 week ago (4 children)

While most people would likely move to Digg v2.0 (I am just being realistic)

Are people actually going? The only thing I've heard about it (the AI-fueled reboot) is that it was planned.