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Reddit@lemmy.worldEnglish · 8 months ago

Reddit shares plunge almost 25% in two days, finish the week below first day close

843

Reddit shares plunge almost 25% in two days, finish the week below first day close

Hubi@feddit.de to

Reddit@lemmy.worldEnglish · 8 months ago

Reddit shares are plummeting from the rally highs experienced after the social messaging company's IPO last week.

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Flying Squid@lemmy.world
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8 months ago
That is definitely part of it, but r/Wallstreetbets is also shorting the fuck out of the stock.

One of multiple threads- https://www.reddit.com/r/wallstreetbets/comments/1bcfl86/reasons_to_short_the_reddit_ipo_make_big/
- yeehaw@lemmy.ca
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  8 months ago
  Oh I forgot about those guys. Juicy.
- Quadhammer@lemmy.world
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  8 months ago
  Tally ho lads

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