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Alliance Laundry which makes Speed Queen recently IPOed: https://ir.alliancelaundry.com/news-events/press-releases/detail/134/alliance-laundry-announces-closin
by smiley1437 11mo ago
Alliance Laundry which makes Speed Queen recently IPOed:
https://ir.alliancelaundry.com/news-events/press-releases/detail/134/alliance-laundry-announces-closing-of-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-shares https://ir.alliancelaundry.com/news-events/press-releases/de...
Once a company goes public they tend to focus more on earnings per quarter, causing decision making to be more short-term.
Not great when, as a consumer, you hope to get a product that will last 20+ years.
- robotnikman 11mo agoOh no... better buy one now if you have the chance.