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A comment on Blue Apron lays off more workers. Parent comment

Re:Blue Apron lays off more workers by flukus on Wednesday November 14, 2018 @01:35AM (#18447997)
> I don't believe that institutional investors don't look at financials.

Many don't, like indexed funds. They just try and keep their shares ratios inline with the market and rely on it always going up overall.

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Re:Blue Apron lays off more workers by phamilton on Wednesday November 14, 2018 @05:01AM (#18448752)
Do index funds drive the price at all though? I would expect them to be net neutral. If the stock goes down they sell, if it goes up, they buy.
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Re:Blue Apron lays off more workers by flukus on Wednesday November 14, 2018 @08:52PM (#18456220)
Yes they're mostly neutral. But when the stock goes down that's still real people losing real money from their pension funds to what are essentially con artists. The saving grace here is as nradov said, they won't buy into IPO's.
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Re:Blue Apron lays off more workers by nradov on Wednesday November 14, 2018 @09:45AM (#18450141)
Very few index funds purchase IPO shares. Companies that just IPO'd aren't listed in indexes; it takes a while for them to be added. Then the index funds buy on the secondary market.
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