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News @lemmy.world scottywh @lemmy.world 10 mo. ago

Reddit Insiders Selling Days After IPO; Shares Fall

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Reddit @lemmy.world empireOfLove2 @lemmy.dbzer0.com 10 mo. ago

I haven't seen this posted yet. All of reddit's C-levels sold $41.245 million worth of stock in the first week of trading.

www.investors.com /news/technology/reddit-insiders-selling-days-after-ipo-shares-fall/

Reddit @lemmy.ml scottywh @lemmy.world 10 mo. ago

Reddit Insiders Selling Days After IPO; Shares Fall

www.investors.com /news/technology/reddit-insiders-selling-days-after-ipo-shares-fall/

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170 comments

r/wallstreetbets strikes again!

One of the only reasons I am ok with Reddit still existing.
- I hate to say it, but Reddit might be primed for a short squeeze. Everyone is shorting it because it is such a turd.
  
  Lots of people, including me, foresaw that.

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