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

submitted 3 days ago by Tea@programming.dev to c/technology@lemmy.world

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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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[–] _druid@sh.itjust.works 35 points 3 days ago (8 children)

All I use reddit for is porn now, so the ads are really easy to spot. Like if I see someone trying to show me tupperware when I was just looking at goth girls and femboys, I know to keep scrolling.

[–] adm@lemm.ee 2 points 3 days ago (1 children)

Those NSFW communities will have their culling, mark my words. The more fringe it is the more at risk it is. If reddit keeps NSFW it will end up like Lemmynsfw. Maybe even less interesting. With this stock dip Reddit has to be thinking about it.

[–] _druid@sh.itjust.works 2 points 3 days ago

I don't doubt it, so I'm drinking my fill while I can.

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