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Technology@lemmy.worldEnglish · 2 years ago

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

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

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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.”

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JustMy2c@lemm.ee
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1 year ago
The guys organizing the ipo will become very very rich even if it tanks later. They sell for their price. Afterwards, it tanks.

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