A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

  • Maggoty@lemmy.world
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    8 months ago

    The stock market doesn’t reflect reality. It reflects the confidence of rich people in certain stocks.