• Ghostalmedia@lemmy.world
    link
    fedilink
    English
    arrow-up
    14
    ·
    1 day 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.