That is obvious, isn't it? Reddit is a bad investment (based on their execution) and if the IPO original price was not well estimated it has a pump and dump eff

That is obvious, isn't it? Reddit is a bad investment (based on their execution) and if the IPO original price was not well estimated it has a pump and dump effect [1]. A similar pattern is repeated with a successful stocks like FB/META [2] but if I remember well it was discussed at that time that the IPO price was wrong, they have excellent network effects and they have a lot of room to innovate (e.g. ads) while Reddit has tried already the "innovations" but they don't are well implemented (e.g. also ads). [1] https://www.google.com/finance/quote/RDDT:NYSE https://www.google.com/finance/quote/RDDT:NYSE [2] https://finance.yahoo.com/quote/META/chart#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- https://finance.yahoo.com/quote/META/chart#eyJpbnRlcnZhbCI6I...