ReedReads@lemmy.zip to Reddit@lemmy.world · 8 months agoNow that Reddit's IPO is done, what is the over/under on when old.reddit.com gets killed?message-squaremessage-square23fedilinkarrow-up1109arrow-down12file-text
arrow-up1107arrow-down1message-squareNow that Reddit's IPO is done, what is the over/under on when old.reddit.com gets killed?ReedReads@lemmy.zip to Reddit@lemmy.world · 8 months agomessage-square23fedilinkfile-text
minus-squareroscoe@lemmy.dbzer0.comlinkfedilinkarrow-up4·8 months agoAre his shares restricted? The way I understand it, usually insiders aren’t allowed to sell until some time after the IPO.
minus-squarehaui@lemmy.giftedmc.comlinkfedilinkarrow-up2·8 months agoHe already sold over 500.000 shares, same as his CFO iirc. Classic pump and dump. Reddit is 25% down, below initial value. From an article I read today.
Are his shares restricted? The way I understand it, usually insiders aren’t allowed to sell until some time after the IPO.
He already sold over 500.000 shares, same as his CFO iirc. Classic pump and dump. Reddit is 25% down, below initial value. From an article I read today.