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NYSE: SNAP ("Snapchat") listed shares have no voting rights, and they seem to be doing okay.

• bhk 6y ago
  And GOOG seems to be doing okay.
  • entangledqubit 6y ago
    Amusingly, the voting shares are currently worth less than the nonvoting.
    • bhk 6y ago
      They should issue a class of shares that are guaranteed to never pay a dividend or be redeemable for anything. Maybe they will trade even higher!
    • sn_master 6y ago
      I just checked and you are right (1835 vs 1827). Funnily, there is this: "but unlike common shares, they do not confer voting rights to shareholders. As a result, these shares tend to trade at a discount to Class-A shares. " https://www.investopedia.com/ask/answers/052615/whats-difference-between-googles-goog-and-googl-stock-tickers.asp https://www.investopedia.com/ask/answers/052615/whats-differ...