Most of the stock holders are big corporate money management/investment companies. Blackrock,Vanguard...
Maybe this was done to lower stock prices and allow someone to buy more stock at lower prices ..
Wouldn’t be surprised..if not some hi-finance gambit...she will be toast as a CEO...but she may have a golden parachute in her contract...guess I have to go to IHOP...or Chili’s...or cook my own grub....lots cheaper...and no tips or waiting for a table...
It'll make sense that they're woke and they want to make sure that they get to drive their agenda even if the company ends up bankrupt.
It's an investment to them so it's not a big deal.