this post was submitted on 28 Mar 2025
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Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows. (finance.yahoo.com)
submitted 5 days ago by Tea@programming.dev to c/technology@lemmy.world
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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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[–] flop_leash_973@lemmy.world 115 points 5 days ago* (last edited 5 days ago) (3 children)

Once a company becomes publicly traded it always gets worse. Once the shareholders are closer to the executive compensation packages than the customers/users it is all downhill. It is like clockwork.

Might take a year, might take 10, but the result is inevitable.

[–] potoo22@lemmy.world 15 points 5 days ago

Pump and dump

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