Wall Street’s panic cycle is retail investors’ opportunity cycle. In other words: the Redditors are at it again.
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A recapitalization plan would end News Corp’s dual-class share structure, which gives the Murdoch family outsized control of the company.
Shiny new innovations draw in ambitious founders and investors, and then FOMO brings in everyone else, making the eventual fall harder.
Hindenburg reported that Roblox has been exaggerating its user base, losing money, and putting growth ahead of child safety.