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Reddit@lemmy.worldEnglish · 7 months ago

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

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

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Reddit@lemmy.worldEnglish · 7 months ago

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

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Guntrigger@feddit.ch
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7 months ago
Awarded themselves shitloads of stock, then sold a quarter of their shares each as soon as humanly possible. That money is not being invested in the company, it’s going straight in these individual’s pockets.

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