NoodlePoint@lemmy.world to Reddit@lemmy.world · edit-25 days agoReddit stock falls for second day as references to its content in ChatGPT responses plummetfinance.yahoo.comexternal-linkmessage-square5linkfedilinkarrow-up139arrow-down12file-textcross-posted to: technology@lemmy.worldbusiness@lemmy.world
arrow-up137arrow-down1external-linkReddit stock falls for second day as references to its content in ChatGPT responses plummetfinance.yahoo.comNoodlePoint@lemmy.world to Reddit@lemmy.world · edit-25 days agomessage-square5linkfedilinkfile-textcross-posted to: technology@lemmy.worldbusiness@lemmy.world
minus-squareoneser@lemmy.ziplinkfedilinkarrow-up9·5 days agoUp 330% from their IPO, so this is likely just a correction if anything meaningful at all.
minus-squareAlexstarfire@lemmy.worldlinkfedilinkarrow-up5·5 days agoI did not understand why Facebook stock took off and I don’t understand why this one did either.
minus-squareoneser@lemmy.ziplinkfedilinkarrow-up3·5 days agoConsidering it’s priced at like 110x it’s earnings, I’d say mostly speculation on potential/future advertising revenue?
Up 330% from their IPO, so this is likely just a correction if anything meaningful at all.
I did not understand why Facebook stock took off and I don’t understand why this one did either.
Considering it’s priced at like 110x it’s earnings, I’d say mostly speculation on potential/future advertising revenue?