$Reddit(RDDT)$ users might con

$Reddit(RDDT)$ users might consider shorting Reddit before its IPO for various reasons. They could feel disgruntled about Reddit selling data to large AI companies without giving any tangible benefits to users. Dissatisfaction might also arise due to Reddit's change in API pricing strategy, especially impacting some third-party clients.

Concerns about Reddit's commercial use of user data, without apparent benefits to users, might add to their discontent. However, when users become shareholders, realizing they are an integral part of Reddit and that their participation adds value to the platform, their perspective might shift.

They could gain a better understanding of Reddit's business decisions and choose to go long on the stock.

Reddit is Sinking! Will You Short the Meme Stock?

Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock plunged Thursday. ------------ Is Reddit with insider selloff and short-sellers' move? What's your target price for Reddit?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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