this post was submitted on 24 Jul 2026
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Technology

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[–] Gorilladrums@lemmy.world 3 points 12 hours ago (4 children)

This is actually pretty normal. The stock usually drops after the initial launch hype dies down, and then it begins to slowly rise again over time.

[–] NotMyOldRedditName@lemmy.world 1 points 7 hours ago* (last edited 7 hours ago)

It's just made worse this time by the smaller float, and the soon to be earlier than usual blackout window for insiders lifting

[–] Damarus@feddit.org 1 points 7 hours ago

This is the correct explanation

[–] tirateimas@lemmy.pt 1 points 10 hours ago

Lets wait to see how low and how long it goes until it starts to raise.

[–] PattyMcB@lemmy.world 1 points 11 hours ago

Not at my old company... no wonder they laid off so much of the workforce and dismantled and sold the rest