Quote (AspenSniper @ Apr 11 2017 10:02am)
Their $1 billion in market cap loss seems to support your last sentence. The success of a company is dependent upon the support of the market and its consumers.
Also, they aren't a private company. They're a public company who has stakeholders and shareholders who determine the direction of the company. However, 1 stupid CEO is damaging them.
Private company with respect to not being owned by the government or being a government provided service. We the general public are owed no obligations as the company is not beholden to the public, but to a series of individuals. Publicly traded, yes.
This post was edited by BardOfXiix on Apr 11 2017 12:19pm