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ylai@lemmy.ml to Reddit@lemmy.mlEnglish · 1 year ago

Reddit shares plunge almost 25% in two days, finish the week below first day close

www.cnbc.com

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  • cross-posted to:
  • anticorporate@lemmy.giftedmc.com
  • modcoord@lemmit.online
  • reddit@lemmy.world
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Reddit shares plunge almost 25% in two days, finish the week below first day close

www.cnbc.com

ylai@lemmy.ml to Reddit@lemmy.mlEnglish · 1 year ago
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  • cross-posted to:
  • anticorporate@lemmy.giftedmc.com
  • modcoord@lemmit.online
  • reddit@lemmy.world
Reddit shares are plummeting from the rally highs experienced after the social messaging company's IPO last week.
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    1 year ago

    But now we will see next week… Everyone thinks it will take a nose dive, but sometimes the market surprises us. I would not be surprised if it goes up 6% on Monday.

    • stewie3128@lemmy.ml
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      1 year ago

      Dead cat bounce before it settles into its long-term valuation

    • masterofn001@lemmy.ca
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      1 year ago

      Then:

      1. Fomo
      2. Dives 60%
      3. …
      4. profit?
      • t�m@lemmy.ml
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        1 year ago
        1. Profit loss

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