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Technology@lemmy.worldEnglish · 1 year 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 · 1 year 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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1 year ago
Shorts apply downward pressure to the market price, so not sure how well thought out the plan is.

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