They can also recruit better employees, have more stable revenues and, according to Argenti, "when something bad happens, they are given the benefit of the doubt by their stakeholders." Further, "highly reputed companies are more stable, which means they have higher market valuation and stock price over the long term and greater loyalty of their investors, which leads to less volatility." While CVS stock initially dropped the day of the announcement, shares rose 10.7% during the following month
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Whether merely existing will be enough for the industry to survive, or whether the regulatory crackdown will completely disincentivize any further growth or investment, remains to be seen
Data analysis of transcribed interviews was conducted in their original languages to ensure accuracy of interpretation