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Joined 10 months ago
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Cake day: May 27th, 2024

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  • General rule for posting stock prices: sometimes things are obvious when you zoom out a bit.

    In this particular case, Reddit stock price is still up several percentage points from the Trump rally that affected just about every tech stock after 2024-10-30 about. Same applies to other stocks like Tesla.

    So at this point it’s nothing more than a return to normal. No need to attribute anything more to it. But sure, if this descends keeps going for some time more, it’ll be different.