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Technology@lemmy.worldEnglish • 1 year ago

Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price

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Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price

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Technology@lemmy.worldEnglish • 1 year ago

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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roguetrick
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12•1 year ago
Most you can short it in a day is 10 percent right? I dunno if they’re disciplined enough.
- @Dontsendfeetpics@lemm.ee
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  - roguetrick
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    3•1 year ago
    I’m not knowledgeable about it for sure, it just seems rather next to impossible to tank an IPO with borrowed shares alone.

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