Why does Alphabet have two stocks?
As mentioned above, Alphabet has two types of stocks: Class A (GOOGL) and Class C (GOOG). Holders of Class A stocks have voting rights, while Class C stocks do not. This design allows the company's founders and core team to raise funds without diluting control.
As mentioned above, Alphabet has two types of stocks: Class A (GOOGL) and Class C (GOOG). Holders of Class A stocks have voting rights, while Class C stocks do not. This design allows the company's founders and core team to raise funds without diluting control.
