Reddit shares plunge almost 25% in two days, finish the week below first day close : reddit

this post was submitted on 30 Mar 2024

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Reddit shares plunge almost 25% in two days, finish the week below first day close (www.cnbc.com)

submitted 8 months ago by ylai@lemmy.ml to c/reddit@lemmy.ml

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[–] kadu@lemmy.world 51 points 8 months ago (2 children)

Reddit emailed me to buy their shares even though I had deleted my account, which should be protected by LGPD (brazilian GDPR) and therefore my email should no longer be stored. Fun times.

[–] Ghostalmedia@lemmy.world 17 points 8 months ago

Did you make the request to delete your data? Simply deleting the account is usually not enough.

https://www.reddit.com/policies/privacy-policy?rdt=34844#policy-h2-7

[–] takeda@lemmy.world 4 points 8 months ago

The shares they offered to redditors were meant to drive price up in case it would tank on the first day. Once it looked good they rejected purchases.

Looks like they now want people to bump the price now (if I understand you correctly)