- cross-posted to:
- reddit@lemmy.world
- news@hexbear.net
- technology@lemmit.online
- cross-posted to:
- reddit@lemmy.world
- news@hexbear.net
- technology@lemmit.online
A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.
Whole Wall Street is built upon this “estimation” idea. No reason to nitpick about it when it comes to executive compensation.