WHY RDDT FALLING?

Reddit, $Reddit(RDDT)$, insiders have been selling stock after the IPO.

CEO Steve Huffman sold shares worth $16 million

CTO Christopher Slowe sold $6 million

COO Jennifer Wong sold $16 million

Image

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?

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Comments

PaulSam
03-28
PaulSam
Don’t they have to wait a certain amount of time like 6 months from IPO date ?
ADguynight
03-28
ADguynight
This was all disclosed in the IPO registration, before it went public
Olivia Bruce
03-28
Olivia Bruce
Puts when they become available will be the easiest money
CynthiaVogt
03-28
CynthiaVogt
There was no lockup period?

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CEO Steve Huffman sold shares worth $16 million CTO Christopher Slowe sold $6 million COO Jennifer Wong sold $16 million Image","highlighted":1,"essential":1,"paper":2,"likeSize":15,"commentSize":4,"repostSize":4,"favoriteSize":0,"link":"https://ttm.financial/post/289123132096664","repostId":0,"isVote":1,"tweetType":1,"viewCount":1378,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["RDDT"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":168,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":289123109699792,"gmtCreate":1711595218831,"gmtModify":1711595223425,"authorId":9000000000000429,"author":{"id":9000000000000429,"authorId":9000000000000429,"name":"PaulSam","avatar":"https://community-static.tradeup.com/news/585e25728cc0ffd8dc835d1bd7231ad8","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":289123132096664,"type":1,"supId":0,"prevId":0,"content":"Don’t they have to wait a certain amount of time like 6 months from IPO date ?","text":"Don’t they have to wait a certain amount of time like 6 months from IPO date ?","html":"Don’t they have to wait a certain amount of time like 6 months from IPO date ?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":289124307386520,"gmtCreate":1711595436457,"gmtModify":1711595440533,"authorId":9000000000000423,"author":{"id":9000000000000423,"authorId":9000000000000423,"name":"ADguynight","avatar":"https://static.tigerbbs.com/e0718fadae159e83dfa236747cbf442c","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":289123132096664,"type":1,"supId":0,"prevId":0,"content":"This was all disclosed in the IPO registration, before it went public","text":"This was all disclosed in the IPO registration, before it went public","html":"This was all disclosed in the IPO registration, before it went public","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":289126196666576,"gmtCreate":1711595972484,"gmtModify":1711596010863,"authorId":10000000000012020,"author":{"id":10000000000012020,"authorId":10000000000012020,"name":"Olivia Bruce","avatar":"https://community-static.tradeup.com/news/2faab2069566dd4c6ef6e73ae319ff64","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":289123132096664,"type":1,"supId":0,"prevId":0,"content":"Puts when they become available will be the easiest money","text":"Puts when they become available will be the easiest money","html":"Puts when they become available will be the easiest money","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":289126628171928,"gmtCreate":1711596003054,"gmtModify":1711596007852,"authorId":9000000000000642,"author":{"id":9000000000000642,"authorId":9000000000000642,"name":"CynthiaVogt","avatar":"https://static.tigerbbs.com/49133d7edf29443fb70310864b67f175","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":289123132096664,"type":1,"supId":0,"prevId":0,"content":"There was no lockup period?","text":"There was no lockup period?","html":"There was no lockup period?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/289123132096664"}