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If you buy shares in a Blackrock S&P 500 fund, which is the sort of fund that accounts for their huge holdings of most public companies, then I don't think they
by vba616 4y ago
If you buy shares in a Blackrock S&P 500 fund, which is the sort of fund that accounts for their huge holdings of most public companies, then I don't think they have the power to dump stocks that are on the official list.
That would be weird. I mean, at least it would be much more newsworthy than this article, and I would expect to have heard. And I would expect massive lawsuits and regulators out for blood.
I could be wrong. Do you have a source?
- yucky 4y agoDo I have as source about the Law of Supply & Demand? Or that the largest shareholder has more sway in the day to day operations of a company?