• Ghostalmedia@lemmy.world
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        4 hours ago

        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.