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
    1·
    3 days ago

    Thank you for saying it. Reddit still has a pocket in the public conciousness that its still the 1st place to go for answers. It isn’t and it hasn’t been for a loooooooooong time. Not just for the reasons you say, but severe tomfuckery with what they show to SE indexing bots. Most of the links that lead into Reddit are shady as fuck, rarely lead to any good information, and are clearly bubblesorted up in the search algos for mysterious reasons we can’t know in specifics. I did hardcore SEO for 2 years so I have at least a spidey-sense that there’s major shenanigans.