scottywh@lemmy.world to News@lemmy.world · 8 months agoReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comexternal-linkmessage-square170fedilinkarrow-up1637arrow-down115cross-posted to: [email protected][email protected]
arrow-up1622arrow-down1external-linkReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comscottywh@lemmy.world to News@lemmy.world · 8 months agomessage-square170fedilinkcross-posted to: [email protected][email protected]
minus-squaredhork@lemmy.worldlinkfedilinkEnglisharrow-up65·edit-28 months agoShares “dove” to $50, which is still about $49 too high
minus-squareDelphiantares@lemmy.worldlinkfedilinkarrow-up42·8 months agoAnything that keeps them listed on the exchange is too high honestly
minus-squareShepherdPie@midwest.sociallinkfedilinkarrow-up18·8 months agoIf you want to have a laugh at how ridiculous the whole market is, Trump’s Truth Social just IPOed and has the same market cap as Reddit even though it’s much smaller and full of insane people.
minus-squareEvilcoleslaw@lemmy.worldlinkfedilinkarrow-up18·8 months agoTo be fair, Truth Social has a userbase who have proudly declared that they are rubes ripe for further grift.
minus-squareLucidlethargy@sh.itjust.workslinkfedilinkarrow-up2·8 months agoSo… It’s more or less the same as Reddit, but with way, way, way less users and post history.
minus-squareUltragigagigantic@lemmy.worldlinkfedilinkarrow-up2·8 months agoI wonder what the ratio of asblock users are between the two websites.
minus-squarejoekar1990@lemmy.worldlinkfedilinkEnglisharrow-up4·edit-28 months agoWhat!? Of course it should be valued that high! Totally good indicators of Estimated 5million total users 3.5m revenues 49m operating expenses Worth it! /Sarcasm
minus-squareUltragigagigantic@lemmy.worldlinkfedilinkarrow-up1·8 months agoHow much would you pay to correct the record?
Shares “dove” to $50, which is still about $49 too high
Anything that keeps them listed on the exchange is too high honestly
If you want to have a laugh at how ridiculous the whole market is, Trump’s Truth Social just IPOed and has the same market cap as Reddit even though it’s much smaller and full of insane people.
To be fair, Truth Social has a userbase who have proudly declared that they are rubes ripe for further grift.
So… It’s more or less the same as Reddit, but with way, way, way less users and post history.
I wonder what the ratio of asblock users are between the two websites.
What!?
Of course it should be valued that high!
Totally good indicators of
Estimated 5million total users
3.5m revenues
49m operating expenses
Worth it!
/Sarcasm
How much would you pay to correct the record?
$0.