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.”

  • @FireTower@lemmy.worldEnglish
    19•4 months ago

    Reddit seems like a prime target to short IMO. Not even as a screw Reddit move. I just would never consider investing in them in their current state. Going public was a terrible choice for them.