- cross-posted to:
- reddit@lemmy.world
- technology@beehaw.org
- cross-posted to:
- reddit@lemmy.world
- technology@beehaw.org
Summary
Reddit shares have dropped 50% from their February peak, when the stock had soared over 500% from its $34 IPO price last March.
Much of the early enthusiasm came from AI-related deals allowing Reddit’s content to be used for training models, but recent doubts about long-term growth in the AI sector have dimmed that optimism.
Analysts remain skeptical and some call the stock “super overvalued,” noting Reddit still is not making any money.
Market uncertainty and early investor sell-offs continue to weigh on Reddit and the broader tech sector.
For some medical inquire it’s still useful. But if your looking for politics or news, not a good idea, or subs where there’s para social fans of a specific show or actor.
Anyone who would make a medical inquiry on Reddit, then believe what they’re told, deserves whatever dire consequence happens to them as a result.