Fidelity estimates Reddit's holdings are at $15.4 million, which is down over 7% from the fund’s estimates of $16.6 million from this past April.

Fidelity estimates Reddit’s holdings are at $15.4 million, which is down over 7% from the fund’s estimates of $16.6 million from this past April.

Richard
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31Y

Fascinating. Should this be legit, this is solid proof for the protest having a tangible financial impact, right?

deejay4am
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11Y

Nope, this is only though May 31st, per the article.

Reddit was already bleeding value and Spez went on a panicked power trip. The true Musk way.

Botree
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21Y

Impact is already more than evident through search results. Google has had to tweak their search functions because of this and Microsoft pulled out from Minecraft subreddit, and both made sure to announce to the world that it’s because of spez and the protest.

@qprimed@lemmy.ml
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1Y

I would agree. injects the poison more deeply than it would have otherwise gone.

doing something > just complaining

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