King@blackneon.net to Lemmy Shitpost@lemmy.world · edit-21 day agoReddit stock is down 4.42% over the past 3 monthsi.imgur.comimagemessage-square13fedilinkarrow-up1128arrow-down119file-text
arrow-up1109arrow-down1imageReddit stock is down 4.42% over the past 3 monthsi.imgur.comKing@blackneon.net to Lemmy Shitpost@lemmy.world · edit-21 day agomessage-square13fedilinkfile-text
Source: Robin Hood. Relevant news: Chief Operating Officer Jennifer L. Wong sold a total of $20.1 million in Class A Common Stock on November 24, 2025.
minus-squareGhostalmedia@lemmy.worldlinkfedilinkEnglisharrow-up14·1 day agoLook at the indexes, not the individual stocks. Things are rebounding, but a massive slide started at the beginning of this month. One of the big drivers is fear of an AI bubble. A lot of stocks that hitched their wagon to AI are down a lot. Reddit has some vulnerability there. Also, it’s 2% for one company. Reddit has been pretty flat for the last 2 months. 2% is totally inline with natural variation.
Look at the indexes, not the individual stocks. Things are rebounding, but a massive slide started at the beginning of this month.
One of the big drivers is fear of an AI bubble. A lot of stocks that hitched their wagon to AI are down a lot. Reddit has some vulnerability there.
Also, it’s 2% for one company. Reddit has been pretty flat for the last 2 months. 2% is totally inline with natural variation.