Behind the rise of multi-class share structures

CNBC's Leslie Picker and Duncan Davidson of Bullpen Capital discuss the rise of multi-class share structures and what it means for investors. In recent years, companies have gotten more creative in shares sold. Studies have shown that multiple share classes have risks that include weaker corporate governance, less diversity and sometimes even underperformance.
04:21
Tue, Nov 17 20201:38 PM EST