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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.
  • kadu@lemmy.world
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    1 year ago

    Reddit emailed me to buy their shares even though I had deleted my account, which should be protected by LGPD (brazilian GDPR) and therefore my email should no longer be stored. Fun times.

    • Ghostalmedia@lemmy.world
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      1 year ago

      Did you make the request to delete your data? Simply deleting the account is usually not enough.

      https://www.reddit.com/policies/privacy-policy?rdt=34844#policy-h2-7

    • takeda@lemmy.world
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      1 year ago

      The shares they offered to redditors were meant to drive price up in case it would tank on the first day. Once it looked good they rejected purchases.

      Looks like they now want people to bump the price now (if I understand you correctly)

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