2 ms·
So it’s not very different from the used book market. A book that sells well on the secondary market might get another printing which benefits the rights holder
by criddell 4y ago
So it’s not very different from the used book market. A book that sells well on the secondary market might get another printing which benefits the rights holders.
- dragontamer 4y agoThe... opposite. Additional printings of stock devalue the current stock / shareholders. Its a way for the company itself to raise money, but at the cost of everyone else. What you hope for is for the company to do a "share buyback", which effectively destroys shares. The company goes to the market, buys up a bunch of stock and then locks it away. It means all the shareholders become collective owners of those old shares, so everyone's value goes up. But yeah, you're close. I guess my point is that the shareholders are a complex-piggy bank for the company. Shareholders like it when they get money, they (usually) don't like it when they get devalued. (This odd case with BBBY aside: where meme-stock buyers cheer at the printing of stock that devalued the company)