Reddit’s 50% Stock-Price Plunge Fails to Entice Buyers as Growth Slows
Though it’s stock price is still up 200% from its IPO in March of 2024
— last week Reddit’s stock had dropped nearly 50% since February 7th.
And then this week, it dropped another 10%, reports Bloomberg, citing both the phenomenon of “volatile technology stocks under pressure” — but also specifically “the gloomy sentiment around Reddit … ⌘ Read more