r/WallStreetbetsELITE Feb 12 '25

Loss ELI5 why is Reddit bombing?

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As titles says.

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u/mindgamesweldon Feb 12 '25

This is aftermarket sales. Noninstitutions want to own Reddit tonight so they can’t find buyers. The volume is low. Tomorrow will find the real price direction by mid morning, if retail or day shift want to buy in.