Re:Lemonade files S1
by azinman2 on Thursday June 11, 2020 @01:38PM
(#23491276)
Fascinating. It also makes it a les attractive investment for the stock market, no?
[ Parent
| on HN ]
From an individual stock's financial performance perspective, sure.
Right now it looks like individual stocks are highly correlated to the broader market. [1]
The economy and a diversified portfolio could benefit more from benefits to broader society than anything they do individually. Public benefit corporations could be a trend that could significantly grow in the coming years
[1] https://www.bloomberg.com/opinion/articles/2020-05-27/all-th...