Happened with Facebook too
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Joined 3 years ago
Cake day: July 2nd, 2023
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Pump and dump
Aren’t most American 401k’s tied into that mess?
- MrShankles@lemmy.worldto
Technology@lemmy.world•SpaceX stock sinks below $135 IPO price for the first time(70% off from its peak); SpaceX has lost more than $800 billion in market value from its closing high seen a month agoEnglish
5 daysA significant portion of the working class doesn’t know shit about how their 401k works, they’re just told that’s how they’ll be able to retire
I can continue using the hardware I already own, and it still runs well. And now I have a reason to learn how to make it work even better, so that’s fun



Sooo… most folks got their 401k’s dragged into an unstable IPO, because the rules changed to allow it after only 15 days? Idk, that sounds like some “trickle up” shit to me. Am I missing something, honestly? It seems predatory and wrong, to my laymen ass understanding