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
    0•22 days ago

    I feel like I have simpler reasons for leaving Reddit.

    The third party apps quit working and the site and app run like shit and take forever to load.

    Simple problems, simple solutions.

    • @[email protected]English
      1•22 days ago

      That’s actually the main reason most left, Lemmy has never seen a bigger increase in MAU before or after the death of 3rd party apps.

      Not to say the other stuff isn’t important, but for me Reddit WAS Apollo. Without it, it didn’t even feel like the same service. Enough people felt the same about their preferred apps that they left en masse in 2023.