Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows
finance.yahoo.com
(Bloomberg) -- 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. Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges Push Muni Debt Distress Near RecordThe social

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.

    • OpenStars@piefed.socialEnglish
      2·
      6 days ago

      It’s better than Reddit, badumtis!

      (Yeah, a very low bar indeed) When was the last time you tried it? It gets better literally weekly.

      Genuinely there are elements that I prefer using in Lemmy, and other elements I prefer PieFed, with the balance overall being 90:10 PieFed to Lemmy. And PieFed is growing by leaps and bounds. Lemmy is growing too but more slowly (it also might end up being more stable at larger scales - I dunno, though PieFed also sends like 25x less data per post iirc so the reverse could rather be true).

      Still, use whichever you prefer - the Fediverse is fantastic in offering us so many choices, all for free! Much respect to the dev teams of both, and Mbin too, as well as instance admins and most mods who donate their time to keep it all going!