Lady Butterfly she/her@reddthat.com to memes@lemmy.world · 6 hours agoNo bad thing IMOreddthat.comimagemessage-square30fedilinkarrow-up1319arrow-down13
arrow-up1316arrow-down1imageNo bad thing IMOreddthat.comLady Butterfly she/her@reddthat.com to memes@lemmy.world · 6 hours agomessage-square30fedilink
minus-squarecattywampas@lemmy.worldlinkfedilinkarrow-up22arrow-down1·6 hours agoCostco is publicly traded, anybody can buy their stock. Blackrock owning it should be irrelevant to public opinion of the company.
minus-squareboonhet@sopuli.xyzlinkfedilinkarrow-up4·4 hours agoIt’s also probably mostly BlackRock index funds. Which means tons of retail investors are part of this ownership.
minus-squareiamthetot@piefed.calinkfedilinkEnglisharrow-up3·5 hours agoWell, except that I’m theory, owning a lot of shares in a company gives you some leverage over that company to drive its policies and direction.
Costco is publicly traded, anybody can buy their stock. Blackrock owning it should be irrelevant to public opinion of the company.
It’s also probably mostly BlackRock index funds. Which means tons of retail investors are part of this ownership.
Well, except that I’m theory, owning a lot of shares in a company gives you some leverage over that company to drive its policies and direction.