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What is the difference between a publicly held company and

What is the difference between common stock and preferred stock? What are some of the characteristics of each type of stock? In your opinion, which stock you rather buy.

What is the difference between a publicly held company and a privately held company? How can the two types of companies be identified?

What is classified stock? When "going public, why might a small company designate some stock currently outstanding as "founders' shares"?

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