publicly traded company

A publicly traded company is a business that sells its ownership shares, called stocks, to the general public through stock exchanges like the NYSE or NASDAQ. This allows individuals and institutions to invest in the company's success and share in its profits. The company's financial performance and other important information are regularly disclosed to the public, providing transparency for shareholders. Being publicly traded also means the company must follow specific rules and regulations. Essentially, it's a company that has opened its ownership to the public, enabling people to buy and sell its stocks freely on the open market.