MicroWave@lemmy.world to

News@lemmy.worldEnglish · 4 days ago

Reddit stock collapses 23% as AI eats away at user growth

finance.yahoo.com

893

Reddit stock collapses 23% as AI eats away at user growth

finance.yahoo.com

MicroWave@lemmy.world to

News@lemmy.worldEnglish · 4 days ago

Reddit Stock Collapses 23% as AI Eats Away at User Growth

finance.yahoo.com

Reddit delivered strong earnings, but the numbers beneath the surface tell a different story. Slowing logged-in user growth and AI-powered search could threaten the platform's long-term value.

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BlaestEgnen@feddit.dk
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4 days ago
Didn’t it happen around IPO?

One could theorise it was done to boost forward projections at that specific time of the company’s lifecycle
- shweddy@lemmy.world
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  4 days ago
  Reminds me of that vc fraud article
  
  https://www.msn.com/en-us/money/smallbusiness/vc-backed-startups-commit-more-fraud-and-researchers-think-they-know-why/ar-AA299xod

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