Published on 8 Jan 2024 on Simply Wall St. via Yahoo Finance
Public companies who have a significant stake must be disappointed along with institutions after...
Key Insights
The considerable ownership by public companies in iQIYI indicates that they collectively have a greater say in management and business strategyA total of 2 investors have a majority stake in the company with 51% ownership Institutions own 32% of iQIYI
A look at the shareholders of iQIYI, Inc. (NASDAQ:IQ) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are public companies with 46% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.