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by ToucanLoucan
977 days ago
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I mean, fair point. But name a corporation that's publicly traded right now that isn't promising growth to shareholders? If they're all doing it, that's the status quo, irrespective of if they should be or not. FFS, Amazon promises growth. Amazon! A company so formidable that even it announcing it's thinking about entering a market causes a small stock blip to any major companies in that market, because it's presumed they will fucking obliterate them. |
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The entire E&P sector comes to mind. For example, Marathon Oil "expects to deliver maintenance-level total Company oil production" this year [1].
Note that "publicly traded companies constitute less than 1 percent of all U.S. firms and about one-third of U.S. employment in the non-farm business sector" [2]. Most small businesses aim to stay small.
[1] https://www.sec.gov/Archives/edgar/data/101778/0000101778230...
[2] https://www.nber.org/digest/apr07/changing-business-volatili...