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Bro. It's annual report which combines all quarters for last year. Technically already priced in. Recent drop because of medias create fear which I didn't find any significant news from WHO. Hahaha good lucky
Honestly if such market fluctuations make you panicky, you are better off investing in index funds and ETFs rather than picking stocks since it tells me you are doubtful of the company and don't believe in its future prospects
I am invested in RDDT (Reddit) and I don't give a damn about it dropping 50-60% from its all time high, why? because I genuinely believe that the company will be a multi-bagger within the next decade. If you are worried about such fluctuations then you are trading and not investing.
Reddit is like those old-school forums where people ask for help or share their thoughts. It became famous for meme stocks, but now retail traders aren't that excited about Reddit itself. No more meme hype, no more magic.
At first, investors believed Reddit's data could be valuable for training AI models. They sold licenses to Google and OpenAI, but since then, no new major customers showed up. With AI models like DeepSeek copying data from other AI, Reddit may not get any more deals like that.
In the past, people contributed to Reddit with their posts and comments. Now, users go directly to AI to ask questions, and AI finds answers from other sources or its own training data. Once AI has learned from millions of inputs, it doesn’t really need Reddit anymore. AI is like a data-snatching machine. That’s likely why Reddit’s stock dropped over 60% from its all-time high.
I have been using reddit since 2015 and reddit has evolved significantly ever since (search old.reddit vs reddit to see how big of a difference), old-school forums are like lowyat or hardwarezone, what sets reddit aside from other social media websites is its positioning as an anti-social social media where people value real opinions and not having opinions from some random influencer.
The traffic you see on that Reddit site might mostly come from Chinese AI startup wannabes — meaning, it could be bots or automated scripts, not real humans. Anyway, what do i know. I don't even own it. Cheer.