Home » Markets » Small-cap stock exchanges would be a boon to small business, workers and main street investors
Small-cap stock exchanges would be a boon to small business, workers and main street investors
Fox Business Flash top headlines for November 22
Check out what’s clicking on FoxBusiness.com.
Small companies today face a problem almost as unknown as some of the firms themselves—the exchanges designed to take them public often keep them in the shadows. Currently, these more modest firms—known as small-caps—have to list on the same stock exchanges as the Fortune 500 when they go public, so bigger competitors often eclipse them when they vie for investor attention.
The Main Street Growth Act would make stock exchanges better at doing what they do best by creating venture exchanges specifically for smaller companies and the people looking to invest in them. The option of hosting smaller firms on their own exchanges would not just help small businesses succeed alongside their giant counterparts, it would be a boon to main street investors, America’s economy, and workers as well.
STOCK FUTURES RISE TO START THE WEEK
So, what’s the problem with a status quo that funnels small firms to venues like the New York Stock Exchange or Nasdaq? It can leave a diversity of talent and opportunity untapped. Even WNBA starters don’t take the court alongside their NBA counterparts. If coaches had to pick between Breanna Stewart and Kevin Durant, they’d have to relegate a tremendous amount of talent to the sidelines, despite the fact that both the WNBA and the NBA contain some of the best players in the world.