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Daily Scoop 11-15

Daily Scoop 11-15

👋 Your Monday Scoops - Plant-based meat fail, J&J breakup, & Shell ditches Dutch

November 15, 2021

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🎉 Don't miss us

tomorrow

We'll be pitching Share Scoops in the

GSA Demo Day

, with a breakout Q&A session afterwards.

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by making sure our breakout room is the biggest!!

Join us before

2 pm EST to see our pitch

or at

2:15 for the breakout room

Today's Scoop:Unsure

Big Picture

People are quitting their jobs in record numbers.
Consumer confidence in the economy is at a 10-year low.
Inflation is the highest it's been in decades.

The Market

⬇️

-0.001%

S&P 500: 4,682.80

1Mo:

+4%

| 1Yr:

+29%

| 5Yr:

+115%

Markets stayed flat today as investors try to figure out where we go from here. Inflation is at the highest level in decades. The Consumer Price Index rose 6.2% in twelve months. People are quitting their jobs at record rates, with 4.4 million people jumping ship in September. That's usually a great sign for the economy. The University of Michigan's Consumer Sentiment Index dropped to its lowest level in ten years this month. The economy's improving, but it's a bumpy ride.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Beyond Meat

warns of low plant-based demand

Johnson & Johnson's

historic drug-fueled breakup

Apple

wants your small business

Royal Dutch Shell

ditches the Dutch

Tesla's

linking to the stars

(These links only work for 24 hours while the story is live)

🤓 Inside Scoop...

Public companies have a wide level of autonomy, but sometimes they need to ask for permission from shareholders. Once companies take money from outside investors, they have a duty to consider their interests and desires. Depending on the structure of the company and the desired action, companies might need to request approval from investors before executives can act on big initiatives like a merger, breakup, or restructuring. Leadership will raise the issue to a shareholder vote, and as a stock owner, you get to decide what you want the company to do.