In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”
    • UnderpantsWeevil@lemmy.worldEnglish
      31·
      9 months ago

      AMC took the value they gained from WSB shills, and used it to pay their bonuses

      Which is why their firm was in the tank to begin with. And something DFV should (or, perhaps did) already know.