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Reddit cites r/WallStreetBets as a risk factor in its IPO filing (techcrunch.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Reddit cites r/WallStreetBets as a risk factor in its IPO filing::As Reddit finally files to go public, the company wrote in its S-1 filing that "meme stock" schemes on r/WallStreetBets could pose a risk to investors.

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[-] Bye@lemmy.world 4 points 8 months ago

Nope that was true when interest rates were low.

Now they care about the bottom line.

It can change again.

this post was submitted on 24 Feb 2024

181 points (98.9% liked)

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