Row 9711

Row ID: 9711 | Dataset Entry | Axioma AXP Content Repository

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Stock buybacks were illegal up until the 80s, as they are a form of market manipulation. The problem with buybacks is that the stock price of companies should be a reflection of their actual performance. Stock buybacks allow failing companies to artificially inflate their prices. Just take on debt or make unsustainable cuts and direct the money to stock buybacks.

FieldValue
text Stock buybacks were illegal up until the 80s, as they are a form of market manipulation. The problem with buybacks is that the stock price of companies should be a reflection of their actual performance. Stock buybacks allow failing companies to artificially inflate their prices. Just take on debt or make unsustainable cuts and direct the money to stock buybacks.
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-20
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Raw Record

{
  "text": "Stock buybacks were illegal up until the 80s, as they are a form of market manipulation. The problem with buybacks is that the stock price of companies should be a reflection of their actual performance. Stock buybacks allow failing companies to artificially inflate their prices. Just take on debt or make unsustainable cuts and direct the money to stock buybacks.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw1Rm9od3cwNlBkRTZINTlDZXJMSi1fRk5DQ0x1Z0Z3QUgzUDBYcmdnWlhFajV0NE9aY1hBTzQwNUE1eW1tQ0J2TEtLd0Q1eU9INjAzWktxbDRZYnBVV2c9PQ==",
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}
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