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 2 months ago by Tea@programming.dev to c/technology@lemmy.world
463 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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[–] HulkSmashBurgers@reddthat.com 23 points 2 months ago (4 children)

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

[–] straightjorkin@lemmy.world 10 points 2 months 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,

[–] berno@lemmy.world 3 points 2 months 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.

[–] UnderpantsWeevil@lemmy.world 2 points 2 months ago (1 children)

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

[–] berno@lemmy.world 1 points 2 months ago (1 children)

Reddit has never made a profit.

[–] UnderpantsWeevil@lemmy.world 1 points 2 months ago

P(rice of stock)/E(arnings)

[–] SheenSquelcher@lemm.ee 1 points 2 months ago

Tbh I think X has the market corned there.

[–] glitchdx@lemmy.world 1 points 2 months ago (2 children)

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

[–] aphextriplet@lemm.ee 2 points 2 months 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

[–] glitchdx@lemmy.world 1 points 2 months ago

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

[–] Ledericas@lemm.ee 1 points 2 months ago

you can use powersuite delete i believe, and there are extensions, but much slower than the github one.