The company on Thursday said it inked a deal with private equity firm Sycamore Partners that will take it off the public market for an equity value of around $10 billion.
The major value of public trading is liquidity. Subject to rumors and manipulation. Maybe this directs to more long term investment and stability?
not sure the process to enter into this type of investment but did here about one Christian Invesment yesterday that sounded interesting.
https://www.faithdriveninvestor.org/private-equity
https://www.faithdriveninvestor.org/foundation-groups
Here is a way to explore the concept.
Everything has pros and cons. There is a lot I like about this.
“This is an interesting trend. It means less stock value in the public market place and money chasing fewer stocks, thus driving the public market up in general.”
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Sorry, but $10 billion is 1/300th the value of Nvidia alone, much less of the entire stock market.
This will have no effect whatsoever on the value of the rest of the stock market.