Scalper1 News
Alibaba Group Holding’s (BABA) September IPO put dual-class stocks back in the spotlight, while Google, which already had a dual-class stock, in April created a new class of nonvoting stock with its stock split, creating a tri-class stock. Dual-class share structures give some shareholders, usually the company founders, holdings in a class of stock that has more voting rights per share than others. Opponents raise governance issues, but defenders Scalper1 News
Scalper1 News