• Randelung@lemmy.world
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    3 days ago

    After the stock is sold by the company it’s completely disconnected. No money to or from the company, no message sent. The only way it’ll hurt them is if they try another offering where they sell new shares and the stock price is low, which will be announced beforehand. Or if they want to buy them back, which probably won’t happen.

    Keep the shares or sell them. GS won’t care.

    • greyhathero@lemmy.world
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      3 days ago

      I agree they won’t care about 1 stock, but the board absolutely cares if many people start selling below what they believe to be market value