Part 2/7:
Recent financial analyses reveal that Reddit's stock has plummeted significantly since February, experiencing a staggering 40% drop to around $115 per share. For a platform that once thrived on engagement and the power of "meme magic," the stock decline serves as a dire reflection of its current state. Analysts had initially expected better numbers in the Q4 2024 reporting, which showed an increase in daily active users to 101.7 million—up 39% from the previous year. Yet, this growth has not translated into financial stability or advertiser confidence.