This is how the prices new tech IPO’s have always gone. Surge on opening, then huge drop and then sometimes if they’re lucky a VERY slow rise back up. With a stock like Reddit everybody expected a pump and dump from the WallStreetBets people that made GameStop famous.
This is how the prices new tech IPO’s have always gone. Surge on opening, then huge drop and then sometimes if they’re lucky a VERY slow rise back up. With a stock like Reddit everybody expected a pump and dump from the WallStreetBets people that made GameStop famous.