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Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows. (finance.yahoo.com)

submitted 3 days ago by [email protected] to c/[email protected]

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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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[–] [email protected] 138 points 3 days ago (11 children)

It's always been ridiculous to me that what is essentially a forum has shareholders. That's why I left Reddit during the app debacle and haven't looked back.

[–] [email protected] 99 points 3 days ago (9 children)

Corporate social media was a mistake. Genuinely, I lay a lot of why the state of the western world is the way it is at the feet of Zuckerberg and his peers.

[–] [email protected] 9 points 3 days ago (8 children)

Same. I'm not sure Lemmy is any better tho. I know, I'm a hypocrite.

[–] [email protected] 38 points 3 days ago

It's not owned by a corporation and doesn't sell your data or use it to feed an algorithm. So yeah I'd say it's a lot better.

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