If the market for initial public offerings recovers in the new year, one company that aims to go public early on is Reddit. An IPO will put the spotlight on the prospects for Reddit’s advertising business, which has fallen short of ambitious growth targetsoutlined by executives two years ago. ...
  • wickedEnglish
    8·
    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.worldEnglish
      9·
      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.

      • wickedEnglish
        1·
        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.