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[-] impairedimperator@lemmy.zip 2 points 12 hours ago

I think the assumption was that the shortened window to list it in the NASDAQ 100 in 15 days meant that it would be bouyed by 401k money. I don't think early investors planned to be able to pump and dump so effectively that US retirement savings as a whole weren't enough to keep it up.

this post was submitted on 25 Jul 2026
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