this post was submitted on 23 Feb 2024
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472
Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price (gizmodo.com)
submitted 10 months ago by [email protected] to c/[email protected]
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Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price::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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[–] [email protected] 17 points 10 months ago

So the extremely overissued IPO shares given to institutions may eat their faces

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