Posted 1/2/2024, 3:17:05 PM
Retail Investors Take Brunt of Share Price Drop as Insiders and Large Holders Control Lilium’s Fate
- Retail investors own 40% of Lilium N.V. (NASDAQLILM) and bore the brunt of the $57 million market cap drop last week
- 50% of Lilium is held by just the top 7 shareholders, indicating concentrated ownership
- Insiders own 19% of the company, giving them influence over decisions
- Institutional ownership is present but modest, with private equity firms holding 7.9%
- Public companies own 22% of Lilium, possibly indicating strategic interests or a de-merger