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They have sold, in droves. The stock has fallen 73% this year. It's slightly absurd to say that "sell" is the only lever shareholders should have over public c
by triceratops 4y ago
They have sold, in droves. The stock has fallen 73% this year.
It's slightly absurd to say that "sell" is the only lever shareholders should have over public companies. It may be true in practical terms, but it's still a sad state of affairs.
- infamouscow 4y agoBusinesses can be successful while simultaneously operating in ways that you don't personally approve of. You're free to avoid doing business with those organizations.
- lovich 4y agoThat has nothing to do with the idea that shareholders have a say on how meta operates
- infamouscow 4y agoMeta shareholders don't have much say on how Zuck runs things, that's what you signed up for when you buy Meta shares. How many people upset about Meta layoffs were equally fierce in condemning Zuck for Meta's stock performance over the last decade? Seems like yet another case of people wanting their cake and eating it too -- the only novelty is the people affected are some of the most privileged people in human history.