- cross-posted to:
- reddit@lemmy.world
- news@hexbear.net
- technology@beehaw.org
- cross-posted to:
- reddit@lemmy.world
- news@hexbear.net
- technology@beehaw.org
A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.
It would be hard to get that many separate entities to all start shorting a stock all at the same time. Especially on a well known entity that may have quite a bit of action.