Hubi@feddit.de to

Reddit@lemmy.worldEnglish · 8 months ago

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

847

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.

Chat

Flying Squid@lemmy.world
link
fedilink
arrow-up
24·
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
  link
  fedilink
  arrow-up
  8·
  8 months ago
  Oh I forgot about those guys. Juicy.
- Quadhammer@lemmy.world
  link
  fedilink
  arrow-up
  5·
  8 months ago
  Tally ho lads

Reddit@lemmy.world

reddit@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !reddit@lemmy.world

News and Discussions about Reddit

Welcome to !reddit. This is a community for all news and discussions about Reddit.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules

Rule 1- No brigading.

**You may not encourage brigading any communities or subreddits in any way. **

YSKs are about self-improvement on how to do things.

Rule 2- No illegal or NSFW or gore content.

**No illegal or NSFW or gore content. **

Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.

Rule 4- No self promotion or upvote-farming of any kind.

That’s it.

Rule 5- No baiting or sealioning or promoting an agenda.

Posts and comments which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.

Rule 6- Regarding META posts.

Provided it is about the community itself, you may post non-Reddit posts using the [META] tag on your post title.

Rule 7- You can't harass or disturb other members.

If you vocally harass or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.

Rule 8- All comments should try to stay relevant to their parent content.

Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.

Rule 10- Majority of bots aren't allowed to participate here.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

32 users / day
373 users / week
1.84K users / month
9.02K users / 6 months
1 local subscriber
17.7K subscribers
562 Posts
14.8K Comments
Modlog