Retail investors entered the stock market in droves over the past couple of years. Much ink has already been spilled analyzing competition between fintech companies such as Robinhood and Public.com to capture these new customers. But there’s another implication of this trend that’s less obvious: these new investors also have the power to introduce and vote on shareholder proposals that can shape the trajectories of publicly-traded companies.
It’s a classic David-and-Goliath battle, though, as retail investors typically don’t stand a chance in organizing around their int
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