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@Hubi@feddit.de to Reddit@lemmy.worldEnglish • 1 year ago

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

www.cnbc.com

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  • cross-posted to:
  • reddit@lemmy.ml
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Reddit shares plunge almost 25% in two days, finish the week below first day close

www.cnbc.com

@Hubi@feddit.de to Reddit@lemmy.worldEnglish • 1 year ago
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  • reddit@lemmy.ml
Reddit shares are plummeting from the rally highs experienced after the social messaging company's IPO last week.
  • @Croquette@sh.itjust.works
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    27•1 year ago

    He sold 500 000 shares for a big fat paycheck. It’s not 100 millions of fictional dollars, but he still made out like a bandit.

    • @EssentialNPC@lemmy.world
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      6•1 year ago

      I’m not so sure. That is only $25 million or so. Who can live on that?

      • @Lucidlethargy@sh.itjust.works
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        8•1 year ago

        Yeah, this guy isn’t even going to be able to afford caviar for dinner every night. That’s not living.

      • @nbdjd@lemmy.world
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        7•1 year ago

        Me. I can live on that. I would have to change my habits like eating more but that’s something I am willing to change.

        • @pikmeir@lemmy.world
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          1•1 year ago

          Lobster and sushi only on days that end with a Y. It’ll be tough cutting back but he’ll manage.

      • @LemmyKnowsBest@lemmy.world
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        2•1 year ago

        I could live comfortably for the rest of my life on 1/25th of that.

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