Reply to post: Re: "the workforce doesn't carry the hopes and dreams of shareholders on their back"

Not all heroes wear capes: Contractor grills DXC globo veep on pay rises, offshoring, and cuts to healthcare help

LucreLout Silver badge

Re: "the workforce doesn't carry the hopes and dreams of shareholders on their back"

After all, once a company sells its stock at the IPO, what does the share price really matter as long as it doesn't tank badly?

The shares are used as collateral for loans (convertible bonds and others), so the lower the price, the more collateral they have to put up and the higher the interest rate. It does actually matter, though I'd agree, it probably should matter year to year rather than quarter to quarter or day to day.

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