bean

Reddit Opens Up 38%, as Shares Begin Trading

https://lemmy.world/post/13391429

Reddit Opens Up 38%, as Shares Begin Trading - Lemmy.World

> Reddit shares opened up about 38 percent on Thursday in their first day of trading, in a sign of investor eagerness that set the stage for more tech companies to reach the stock market this year. Archive link: Reddit Opens Up 38%, as Shares Begin Trading [https://archive.is/EE8TQ]

Mar 21, 2024 at 7:26pmWeb
Show threadbeanMar 21, 2024
What tech?? And eagerness for more? This feels like it will become a pump and dump.
Show threadFiveMacsMar 21, 2024
Can’t wait
Show threadDragonTypeWyvernMar 21, 2024
Spez sank the ship and now he’s trying to sell the cargo before people ask where, exactly, it is.
Show threadSteefLemMar 21, 2024
Its 50% up i just saw. But give it a few days and the thing will crash. Pump and dump. Old investors want there money back they already pit in as soon as they got that… gone…
Show threadAmbiguousPropsMar 21, 2024
Thankful I’m not on that godforsaken site anymore.
Show threadbeanMar 21, 2024
Same! I’ve actually been really good about using Lemmy now. I only end up on Reddit when there is some obscure question someone answered ages ago. Not for the new content and certainly not posting comments or submitting any. Spez burned us all. He can rot in hell.
Show threadbradorsomethingMar 21, 2024
This wasn’t a great first day performance. Sure there was an initial bid up, but that dropped off quickly. We need to see strong buying resistance on a drop (showing institutional buying) to keep the vultures from circling. (Not financial advice)
Show threadblarthMar 21, 2024
Fuck Reddit, this is my home now.
Show threadFartsWithAnAccentMar 21, 2024
Gross.
Show threadsome_guyMar 21, 2024
A shit site traded its users for money. I found a better one as a result. That’s the real news.
Show threadcomador Mar 22, 2024
probably would not be a stretch to say Lemmy and Mastadon are the real winners after the reddit exodus. Hope spez suffers a catastrophic failure in his IPO.
Show threadRaptor_007Mar 21, 2024
Time to buy some puts