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BuzzFeed stock is down 37.90%, the day employees and executives lock up expires
- rvz 4y agoOne of the most disastrous SPACs I have seen so far. Not sure why this Twitter user is looking at a 1 day timescale; since of all time, the stock is 80% down since public listing. Like I've said before, the employees have still created great shareholder value and have been part of a magnificent pump and dump by SPAC investors who got out before it was listed. [0] That right there is also what you call an 'exit scam'. [0] https://news.ycombinator.com/item?id=29527155 https://news.ycombinator.com/item?id=29527155