this post was submitted on 08 Mar 2025
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Pretty simple - same folks who bought Xitter and Trump are pulling their $ out until Reddit starts censoring shit they don't like. It's not a coincidence that "Luigi" became a banned word last week.
If you back out the view to 6+ mo. it matches the overall decline of the market in general. You could grab many stocks and ask the same question and it would be correlation, but not any cause by the particular company.
Seems like some owners of the stock, would be people that like using reddit. Which is in decline as well
Still overrated. Bad policies are being enforced and neither the algorithm nor the community are what they used to be.
Fuck the Y graph doesn't start at zero though.
That's pretty standard practice with stocks because traders are more interested in seeing the detail of what the price has been doing than they are in seeing how much it has changed in total. That and the stock should never be anywhere near zero unless the company is on the verge of total collapse (and usually by that point it becomes de-listed)
Sure, but are we stock brokers here? I just think it falsely shows a too big drop. That plus the blurry numbers
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