cygnus@lemmy.ca to SNOOcalypse - document, discuss, and promote the downfall of Reddit.@lemmy.mlEnglish · 10 months ago
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Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.
I might be on a list now for googing it but, here’s a wiki article for non-finance people. https://en.wikipedia.org/wiki/Naked_short_selling?wprov=sfla1