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Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price

Posted on February 23, 2024

Beware the apes, Reddit told the world in its IPO documents, though not in such explicit terms. Put simply, the company warned potential investors that one of its subreddits, the infamous r/WallStreetBets, could make its stock price and volume extremely volatile—and there’s little Reddit can do about it.

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