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I traded in Russian stock exchange and many companies had "preferred" stocks which didn't have voting rights. Usually, they are traded substantially lower than
by solomatov 13y ago
I traded in Russian stock exchange and many companies had "preferred" stocks which didn't have voting rights. Usually, they are traded substantially lower than "normal" stocks.
- slowjoe 13y agoPreferred stock is actually a form of debt. It gets paid after the bond-holders but before the shareholders. It almost never carries voting rights.