4 ms·
Share representation has nothing to do with them being public? Being "public" is determined by being tradable on public markets.
by John23832 3y ago
Share representation has nothing to do with them being public? Being "public" is determined by being tradable on public markets.
- ethbr0 3y agoBeing tradable on public markets means being listed on an exchange as a public security. https://www.investopedia.com/terms/l/listedsecurity.asp https://www.investopedia.com/terms/l/listedsecurity.asp Fidelity is not listed. This isn't an edge case: they're privately owned and not publicly traded.
- John23832 3y agoThat is the point I was making. You replied to the poster who said "Fidelity is not a public company." with a link to an excerpt about their share representation, which as nothing to do with the point.