Time to start spamming those reposts: Top users are getting early access to 1.76 million shares
    • bus_factor@lemmy.worldEnglish
      15·
      1 year ago

      Days? When my company went public employees couldn’t sell their stock for several months. And as soon as we could the price tanked, because everyone wanted to cash out.

      The selling was understandable, having 80% of your net worth in a single stock is scary, but hundreds of first-time stock owners doing a fire sale didn’t do the stock price any favors.

    • Jo Miran@lemmy.mlEnglish
      51·
      1 year ago

      I bought Facebook at $18 thanks to the post IPO dump. I waited for the Google post IPO dump but it never came.