☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 10 hours agoSpaceX stock tumbles 23% from its high, as average investor sees gains wiped outwww.nbcnews.comexternal-linkmessage-square8fedilinkarrow-up127arrow-down10
arrow-up127arrow-down1external-linkSpaceX stock tumbles 23% from its high, as average investor sees gains wiped outwww.nbcnews.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 10 hours agomessage-square8fedilink
minus-squarequeermunist she/her@lemmy.mllinkfedilinkarrow-up13·9 hours agoYeah the IPO was a bag holding event. Use hype to entrap a bunch of smaller investors into holding the bag so the biggest investors can pull out.
Yeah the IPO was a bag holding event. Use hype to entrap a bunch of smaller investors into holding the bag so the biggest investors can pull out.
yup
I think a lot of IPOs are like that