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RedditEnglish • 8 months ago

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

846

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

@[email protected] to

RedditEnglish • 8 months ago

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

Chat

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link
fedilink
1•8 months ago
They get paid in cash ffs.

You sell stock when you think it’s overvalued.
- @rezifon
  link
  3•8 months ago
  Or you sell stock when you need to rebalance. Fuck spez, but selling 25% at IPO seems sane and reasonable to me.

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