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  3. Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.

Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.

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  • tea@programming.devT [email protected]

    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.

    W This user is from outside of this forum
    W This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #51

    I bought a single share when the ipo happened figuring it would be funny. Meant to sell when it was at 200 and forgot. Just checked. Still funny, sucks I missed out on $100 but I figure it’s going to keep going down. I’ll keep my one share. Reminds me to look.

    1 Reply Last reply
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    • doug@lemmy.todayD [email protected]

      The Voyager iOS App makes it feel like I never left.

      K This user is from outside of this forum
      K This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #52

      Same for me using Boost on Android. It looks like Reddit only without the bots and AI slop.

      I ? 2 Replies Last reply
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      • W [email protected]

        Where is the LV426 community?

        M This user is from outside of this forum
        M This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #53

        [email protected]

        1 Reply Last reply
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        • W [email protected]

          Where is the LV426 community?

          doug@lemmy.todayD This user is from outside of this forum
          doug@lemmy.todayD This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #54

          I mostly contribute here, mostly.

          W 1 Reply Last reply
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          • doug@lemmy.todayD [email protected]

            The Voyager iOS App makes it feel like I never left.

            A This user is from outside of this forum
            A This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #55

            There is also a PWA version for those looking to try it out, and I believe it’s on F-Droid as well.

            vger.app

            1 Reply Last reply
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            • ? Guest

              lmao, they tried to suspend my account for "harassing" a scam post.

              libra00@lemmy.worldL This user is from outside of this forum
              libra00@lemmy.worldL This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #56

              They 7-day banned me for 'encouraging violence' for saying I didn't think Mangione deserved to go to jail for what he did. I appealed it and it was lifted, but not before it was upgraded to a permanent ban for ban-evasion on other accounts (I've never had more than one account in my 14 years of reddit.) The perma-ban was lifted on appeal too, but by that point I was just like fuuuuck off.

              ? I B L 4 Replies Last reply
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              • thefeaturecreature@lemmy.caT [email protected]

                She went into prison in 2023 so she will be there for a while yet.

                I don't think her wealth is known exactly but she and her company lost billions during the scandal.

                A This user is from outside of this forum
                A This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #57

                She married a hotel heir, she's still doing fine.

                H 1 Reply Last reply
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                • T [email protected]

                  ಠ_ಠ gross

                  R This user is from outside of this forum
                  R This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #58

                  Yes this was worse in my mind than getting the sane for reporting a sub that sold CSAM because at least that involved research and critical thinking (why would a post be a scan of a print photograph taken with an analogue camera of a handwritten list of porn mags? answer: they were all legally produced at the time CSAM)

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                  • tea@programming.devT [email protected]

                    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.

                    7 This user is from outside of this forum
                    7 This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #59

                    Looking for some bag holders

                    1 Reply Last reply
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                    • cruxifux@feddit.nlC [email protected]

                      Yeah that’s cool and good. Same with Epstein.

                      T This user is from outside of this forum
                      T This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #60

                      Except he didn't live long enough to rat anyone out. That's the only downside to that story.

                      L L 2 Replies Last reply
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                      • doug@lemmy.todayD [email protected]

                        I mostly contribute here, mostly.

                        W This user is from outside of this forum
                        W This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #61

                        Thanks. I’m in!

                        1 Reply Last reply
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                        • X [email protected]

                          Huffman needs exactly 0 help to run reddit into the ground. He's been doin' it for years.

                          E This user is from outside of this forum
                          E This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #62

                          It's actually kinda nice that he's not going full nose-dive straight into the ground. Getting a steady stream of users is better for Lemmy's culture, than a full exodus event, imo. It gives us a chance to not be reddit, but something better.

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                          • P [email protected]

                            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.

                            mintiefresh@lemmy.caM This user is from outside of this forum
                            mintiefresh@lemmy.caM This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #63

                            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.

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                            • thefeaturecreature@lemmy.caT [email protected]

                              Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That's 11 years more than most other rich scumbags get.

                              D This user is from outside of this forum
                              D This user is from outside of this forum
                              [email protected]
                              wrote on last edited by
                              #64

                              The most bizarre part of the Theranos scandal is that any medical lab tech/scientist could have told you, right from the initial pitch, the entire thing was a massive scam. There was literally no reason to ever think this technology was feasible and a mountain of reasons it wasn’t.

                              C M L 3 Replies Last reply
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                              • tea@programming.devT [email protected]

                                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.

                                G This user is from outside of this forum
                                G This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #65

                                lol maybe because they’re really overtly censoring stuff and it’s getting so obvious even investors realize that it’s killing itself?

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                                • cm0002@lemmy.worldC [email protected]

                                  Oh no! Anyways, what's everyone's Friday plans?

                                  E This user is from outside of this forum
                                  E This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #66

                                  Teaching my friend's kids about Linux and python, and watching a movie with them afterwards. Probably have a brewski or two.

                                  cm0002@lemmy.worldC 1 Reply Last reply
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                                  • tea@programming.devT [email protected]

                                    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.

                                    L This user is from outside of this forum
                                    L This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #67

                                    Always buy puts for reddit. Can you imagine if lemmy ever went public? That'd be an IPO id skip.

                                    C 1 Reply Last reply
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                                    • tea@programming.devT [email protected]

                                      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.

                                      A This user is from outside of this forum
                                      A This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #68

                                      Good riddance

                                      1 Reply Last reply
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                                      • ? Guest

                                        Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.

                                        L This user is from outside of this forum
                                        L This user is from outside of this forum
                                        [email protected]
                                        wrote on last edited by
                                        #69

                                        Who told you these lies? Lemmy took the bad parts and called them features.

                                        1 Reply Last reply
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                                        • E [email protected]

                                          Teaching my friend's kids about Linux and python, and watching a movie with them afterwards. Probably have a brewski or two.

                                          cm0002@lemmy.worldC This user is from outside of this forum
                                          cm0002@lemmy.worldC This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #70

                                          1 Reply Last reply
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