Reddit Stock PLUMMETS! Bosses SELL OFF! Facial ID Incoming?!

Reddit stock is tumbling after multiple C-Suite bosses at the company dumped some of their shares this month. This is after Reddit's CEO said they might institute Facial ID or other forms of digital verification to make sure the posters are human. Could the underlying issue be that Reddit is FAKE, they KNOW IT, and they're getting out while they still can?