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Reddit chooses New York Stock Exchange for long-stalled IPO (www.ft.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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

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[–] bionicjoey@lemmy.ca 43 points 9 months ago

Shorting is very risky and shouldn't be done solely because you don't like a company. Spez isn't going to care that you shorted his stock when you get margin called.

If you are bearish on Reddit at least do something with a risk floor like selling ITM Covered Calls. Not financial advice, just my 2c.