return2ozma@lemmy.world to

Technology@lemmy.worldEnglish · 2 years ago

Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price

355

Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price

return2ozma@lemmy.world to

Technology@lemmy.worldEnglish · 2 years ago

In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”

Chat

Flying Squid@lemmy.world
link
fedilink
English
arrow-up
2·
2 years ago
Should I ignore, or should I enjoy the thought of Reddit’s stock being tanked by its own users?
- JustMy2c@lemm.ee
  link
  fedilink
  English
  arrow-up
  1
  arrow-down
  1·
  2 years ago
  The guys organizing the ipo will become very very rich even if it tanks later. They sell for their price. Afterwards, it tanks.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

839 users / day
1.69K users / week
67 users / month
18.9K users / 6 months
1 local subscriber
85.9K subscribers
16.8K Posts
459K Comments
Modlog