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.

  • @[email protected]English
    48•20 days ago

    Reddit refuge here.

    I do miss all the niche subreddits. As the saying goes, “there’s a subreddit for everything.”

    But I think with time, Lemmy can grow to fill that gap.

    • mintiefreshEnglish
      7•20 days ago

      Yeah I’ve been on Lemmy maybe 2 years or so now? I find myself going back for the subreddits of my interest. But I will try to start posting here more.

      Ultimately I believe in the fediverse despite all of its growing pains.

      It’ll take awhile to grow those niche communities.

    • dougEnglish
      25•20 days ago

      You gotta Field of Dreams it. I’m doing it for LV426/the Aliens universe. Just treat it like you’re starting a forum or a newsletter and, hopefully in time, others will contribute and it’ll grow organically.

    • cabbageEnglish
      6•20 days ago

      I have no doubt we will!

      While we still doesn’t have all kinds of active niche communities over here, it is incredible how much the community has grown since I first came here. And that’s not really all that long ago.

      Thanks for joining us! :)