Reddit chooses New York Stock Exchange for long-stalled IPO::Social media platform’s valuation is expected to have tumbled from $10bn in 2021

  • Radical Dog@lemmy.worldEnglish
    91·
    10 months ago

    Kinda crap advice for novices, as shorting means uncapped losses if you’re wrong. You’d have to be very confident other people are making a mistake, as other investors may not worry that power users no longer like Reddit, and stock could still go up.