If the companies have already sold their stock, and it’s being sold on the market, why do they care? Obviously large shareholders that have board spots or the ability to threaten higher ups, they matter. But since a company makes their money from their business, selling this or that, why do they care so much about the stock price? If the company is making money, but if shareholders expect more and the stock price is low? Who cares they’re making money.
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The shareholders own the company. That’s literally what shares are. If the people who own the company don’t like the way the company is being run, they’ll change the way it’s run, often by changing the people who run it.
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