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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.
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.
It’s got triple digit p/e. The stock is doing fine.
Reddit has never made a profit.
P(rice of stock)/E(arnings)