It’s just FUD, diamond hands 💎🤝, to the moon 🚀 🌒, etc etc
/s just in case
This is Macro scale issue with whole US stock market not an specific Reddit Issue I Believe
General rule for posting stock prices: sometimes things are obvious when you zoom out a bit.
In this particular case, Reddit stock price is still up several percentage points from the Trump rally that affected just about every tech stock after 2024-10-30 about. Same applies to other stocks like Tesla.
So at this point it’s nothing more than a return to normal. No need to attribute anything more to it. But sure, if this descends keeps going for some time more, it’ll be different.
Interesting! I didnt know that so many tech stocks were impacted on that date. Is there anything special about the start date of reddit’s stock decline? Or was it simple a “straw that broke the camel’s back” situation, where some insignificant thing started the downward trend?
Stocks overall took a downturn when investors finally realized Trump wasn’t bluffing bout his tariff plans
When you start banning long-term users over bullshit. This happens. Hope it crashes and burns all the way to the ground.
Did Luigi save us from reddit? What can’t this man do?
