I get what you are saying, and even agree to an extent. The fact that Dell had to take itself private to be able to save itself is a good recent example of how the super short term thinking of stock market investors can hurt a company.
That said, if a company doesn't want to be exposed to that sort of investor, then it shouldn't have done IPO and become a publicly traded company.
That said, if a company doesn't want to be exposed to that sort of investor, then it shouldn't have done IPO and become a publicly traded company.