Lady Butterfly she/her@reddthat.com to memes@lemmy.world · 3 days agoNo bad thing IMOreddthat.comimagemessage-square59fedilinkarrow-up1581
arrow-up1581imageNo bad thing IMOreddthat.comLady Butterfly she/her@reddthat.com to memes@lemmy.world · 3 days agomessage-square59fedilink
minus-squarecattywampas@lemmy.worldlinkfedilinkarrow-up28·3 days 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-up7·3 days agoIt’s also probably mostly BlackRock index funds. Which means tons of retail investors are part of this ownership.
minus-squareiamthetot@piefed.calinkfedilinkEnglisharrow-up6·3 days 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.