In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”
Considering they’re DMing certain Reddit users (their most active users, according to the DM) about being given a chance buy Reddit stock during the IPO (that’s not strictly PR speak; they’re actually setting aside some stock for their users), that’s entirely possible.
Considering they’re DMing certain Reddit users (their most active users, according to the DM) about being given a chance buy Reddit stock during the IPO (that’s not strictly PR speak; they’re actually setting aside some stock for their users), that’s entirely possible.