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

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.”

  • @GluWu@lemm.eeEnglish
    27•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.caEnglish
      9•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.