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submitted 4 months ago by L4s@lemmy.world to c/technology@lemmy.world

Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price::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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[-] GluWu@lemm.ee 26 points 4 months ago

Look, when you lose 70% of your investment, IT'S NOT OUR FAULT. Please blame retail investors that can afford $1k worth each. That $200m that spuz will be dumping and the 8% that computercuck boi has, well that's nothing. Forget about that. It's our own users fault.

[-] wise_pancake@lemmy.ca 9 points 4 months ago

I’m starting to think this is why they’re giving shares to Redditors, it’s someone to sell while the options are flying.

this post was submitted on 23 Feb 2024
472 points (98.6% liked)

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