this post was submitted on 28 Mar 2025
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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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[–] JaymesRS@literature.cafe 6 points 6 days ago

OhNoAnyway.gif

[–] MehBlah@lemmy.world 5 points 6 days ago

I started to short them last month. Oh well. I knew all this anti free speech stuff is hurting them. They are only retaining the sycophants and the clueless niche people who never go out of their little bubble.

[–] commander@lemmy.world 4 points 6 days ago (1 children)

It'll fall won't be as dramatic as Digg but it will decline over time. Probably not have a major exodus event like Musk buying Twitter and renaming it and sending people to try BlueSky and Mastodon

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[–] MithranArkanere@lemmy.world 4 points 6 days ago

That idiot CEO is doing idiot CEO things.

Everyone knows that if he keeps bowing down to Musk's pressure and enshitificating the platform, people will leave for greener pastures as soon as there's an enticing alternative like they did with X.

CEOs surround themselves with the most conceited and naive of all echo chambers.
They live in an imaginary world in which their backward opinions work better than what has been proven to work time and time again by every research ever done on any subject. They will one day wake up to a blue sky, claim it's actually pink with green polka dots, and blame "the woke agenda" or some such nonsense when they are obviously proven wrong.

The closest analogy I've ever heard for what modern CEOs have become is "Like a bunch of Naked Emperors jerking each other off while shitting all over everyone below them". As accurate as disgusting.

[–] 7U5K3N@lemmy.dbzer0.com 4 points 6 days ago

Looking for some bag holders

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

[–] AdolfSchmitler@lemmy.world 4 points 6 days ago

Good riddance

Reddit is 💩

[–] Jeffool@lemmy.world 4 points 6 days ago

Imagine investing in another company being led by Elon Musk these days.

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