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 5 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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[–] KingThrillgore@lemmy.ml 9 points 5 days ago* (last edited 5 days ago) (2 children)

I think I linked to it before here months ago but Reddit won't let mods go dark without prior authorization. The mods basically gave up any means of meaningful protest outside of leaving by capitulating during the API revolt.

[–] tigeruppercut@lemmy.zip 5 points 5 days ago

The mods that didn't capitulate were forcibly removed

[–] Ledericas@lemm.ee 1 points 5 days ago

Powermods also control dozens of subs each.