We recently compiled a list of the 10 Firms Suffer Steep Downfall on Monday. In this article, we are going to take a look at where Reddit, Inc. (NYSE:RDDT) stands against the other stocks. Ten companies kicked off Monday’s trading in a bloodbath, mirroring the broader market pessimism, with valuations slashed by double digits mostly due […]
Lol, finance (and thus financial reporting) is so braindead.
I’ll summarize the whole article: Why did RDDT crash? “Because the stock price went down. Some people sold the stock, so more people sold it, now the price is lower”
Thanks Yahoo finance, this is the journalism we rely on you for…