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Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows. (finance.yahoo.com)

submitted 4 days ago by [email protected] to c/[email protected]

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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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[–] [email protected] 28 points 3 days ago (5 children)

So I work in advertising for a company that is top 20 on the Fortune 500. We advertise everywhere including Reddit.

The returns on Reddit isn't even very good. We still spend money there as a pure name recognition play.

As of now, for the company I work for, it's not working.

[–] [email protected] 1 points 3 days ago

Same, only based on VTC do we get the returns. It's not the best platform, but what are you going to do expansion wise else?

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