In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”
      • JustMy2c@lemm.eeEnglish
        41·
        1 年前

        The guys organizing the ipo will become very very rich even if it tanks later. They sell for their price. Afterwards, it tanks.

        • Flying Squid@lemmy.worldEnglish
          2·
          1 年前

          They’re already rich. You’re not going to make them poorer either way.

          On the other hand, it will make spez look like a big fool, which I will enjoy.

          I’ll take my schadenfreude where I can get it.