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Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price

3 years ago by return2ozma to c/technology

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In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”
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8ender 140 points 3 years ago

I feel like this is just Reddit asking for the sub to inflate the stock like they did GameStop.

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path: 0 7834285, hotness: undefined, score: 140, children: 3
Windex007 64 points 3 years ago

Shorts apply downward pressure to the market price, so not sure how well thought out the plan is.

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path: 0 7834285 7835452, hotness: undefined, score: 64, children: 0
whatupwiththat 26 points 3 years ago

they're counting on it

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path: 0 7834285 7834803, hotness: undefined, score: 26, children: 1
800XL 8 points 3 years ago

Like Musk with Dogecoin.

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path: 0 7834285 7834803 7836496, hotness: undefined, score: 8, children: 0
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