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

  • Alphane Moon@lemmy.worldEnglish
    3·
    7 days ago

    I completely agree. I don’t mean to imply it is a competition. As I said, being better than russia is not much of an achievement.

    But I do think the correct term for the US as it is today is proto-fascist. It’s also important to not ignore the transition into full scale fascism.