Reddit shares are plummeting from the rally highs experienced after the social messaging company's IPO last week.

This post tightly fits what I want to see in this community. Anti-corporate sentiment and “good news” for non corporate entities.

  • @CyberSeeker@discuss.tchncs.deEnglish
    4•3 months ago

    Frankly, surprised it was only that much of a drop.

    Earlier this week, Reddit disclosed in a corporate filing that CEO Steve Hoffman sold 500,000 shares, and Reddit COO Jennifer Wong also disclosed that she sold 514,000 shares.

    No, not a pump and dump at all! Totally confident in our ability to execute our fiduciary duties!

    • paraphrandEnglish
      1•3 months ago

      Spaz said his friends advised him to sell at least some, otherwise it would’ve drove him crazy.

    • hauiOPMEnglish
      0•3 months ago

      Omg! I havent seen this! Its so ironic. These people get bolder and bolder. In case anyone wonders why this community exists! 😂

      • @lud@lemm.eeEnglish
        0•3 months ago

        Omg! I havent seen this!

        It’s in the article you linked…

        • hauiOPMEnglish
          1•3 months ago

          I know. I obviously havent read it slowly enough to catch that. Thanks for pointing it out.