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[-] wicked@programming.dev 8 points 11 months ago

Are you not aware that public companies split the profits too? They do not need to grow to have value for investors.

[-] Chessmasterrex@lemmy.world 9 points 11 months ago

Not all of them do that. There are growth stocks and dividend stocks. Growth stocks typically don't pay dividends, but instead reinvest the dividend back into the company. Amazon, Alphabet and Berkshire Hathaway don't pay dividends.

[-] wicked@programming.dev 1 points 11 months ago

Of course not. But they can, whenever they choose to. Parent comment said they have to grow since they are public, unlike private companies like Reddit.

[-] crsu@lemmy.world 3 points 11 months ago

Yeah tell it to the shareholders

this post was submitted on 26 Dec 2023
1574 points (98.0% liked)

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