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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] 23 points 1 week ago (4 children)

I wonder how long until they ban porn. That'll kill it dead for sure.

[–] [email protected] 1 points 6 days ago

Tbh I think X has the market corned there.

[–] [email protected] 9 points 1 week ago (1 children)

Idk, I doubt the advertising partners really have a problem with reddit porn. This dip is likely a reflection of the article linking reddit moderation policies to Elon Musk (absolutely hilarious that he's so toxic to stocks he's killing other people's companies now). I don't think this is even a reflection of a drop in users yet,

[–] [email protected] 3 points 1 week ago

People left Reddit during the election. The new left pushing the Luigi good narrative just got spanked and migrated here, and the others that took issue with the retarded policies of the Dems and Republicans were also banned. Basically Reddit pissed off everyone regardless of where they were on the political spectrum. They're fucked.

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

It's got triple digit p/e. The stock is doing fine.

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

Reddit has never made a profit.

[–] [email protected] 2 points 1 week ago

P(rice of stock)/E(arnings)

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

literally one of the 2 reasons I haven't quit reddit completely (the other being I'm slowly deleting all my comments)

[–] [email protected] 2 points 6 days ago (1 children)

You can just use a bot/service to do that. It’ll even edit them before deleting them, so if it’s ever recovered it’ll just look like some gibberish random words

[–] [email protected] 1 points 6 days ago

someone else linked one called "shreddit". haven't really looked at it yet