this post was submitted on 28 Mar 2025
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Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows. (finance.yahoo.com)
submitted 4 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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[–] surph_ninja@lemmy.world 38 points 3 days ago (1 children)

I’m fairly certain they misled investors on their last earnings call. I noticed some banned accounts suddenly had their ban lifted right before the call, and then reapplied right after.

On the last investor call, they said they had a lot of returning users. This was after their election ban hammers, and prior to the Luigi ban fest.

Can’t wait to see how they try to spin things on the next one.

[–] GreatDong3000@lemm.ee 2 points 2 days ago

They can just count all them bots as active users. Much like twitter