Reddit Stock

Here's the thing about RDDT; it released at a price undervalued compared to other peers in the market that have shown arguably worse results with significantly higher valuations.

So that means one of three things may happen:

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Reddit rises to a comparable valuation to their peers

Their peers fall to a comparable valuation to reddit

They eventually meet somewhere in the middle.

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Snapchat currently trades at around 4x revenue

Twitter.. well not much to say about that

Facebook and Instagram makes a profit so it's not comparable

I doubt wsb will rally behind it like they did with GameStop and AMC, because they have a level of self awareness and know how much they'll come across as losers for doing so

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most of facebook's revenue comes from US and EU

rest of world although it has a giant user base makes a small portion of their revenue

because how valuable is an ad to someone whose average income is way lower than the american and european users

advertisers pay a lot less for that space

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I think meta themselves knows Facebook is declining

They own Instagram and WhatsApp

Instagram is Facebook but for cool kids

So meta is doing just fine

Reddit is basically for obscure and specific questions that you can't find just by googling.