This line of argument ("think of the retirees!!!") could be used in many cases, however when is it acceptable to break companies for the greater (non-financial) good?
On a parallel, can't we criticize any decision reducing the market cap of companies as an attack on the retirement portfolios? Say, if we required connected glasses to display a red light of more than x lumens when recording, would that be ok, even if it decreased Meta's market cap?
On a parallel, can't we criticize any decision reducing the market cap of companies as an attack on the retirement portfolios? Say, if we required connected glasses to display a red light of more than x lumens when recording, would that be ok, even if it decreased Meta's market cap?