Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price
Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price
gizmodo.com Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price
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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I feel like this is just Reddit asking for the sub to inflate the stock like they did GameStop.
Shorts apply downward pressure to the market price, so not sure how well thought out the plan is.
they're counting on it
Like Musk with Dogecoin.
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