$RLLCF A company can have different classes of shares, and each class will have different rights. Generally, the Preferred shares stock VS. common stock
Preferred is safer if the company face hard ship. Preferred share stock pay higher dividends and hardest stock to obtain.
Common last stock to be paid out and do not necessarily paid out dividends.
To make more clear: The main difference between preferred and common stock is that preferred stock acts more like a bond with a set dividend and redemption price, while common stock dividends are less guaranteed and carry more risk of loss if a company fails, but there's far more potential for stock price appreciation. Preferred stock is generally considered less volatile than common stock Preferred stockholders generally do not have voting rights, as common stockholders do, but they have a greater claim to the company's assets. ... Both common stock and preferred stock have their advantages. most preferred shares are purchased by institutional investors at the time the company first goes public because they have an incentive to buy preferred shares that individual retail investors do not. Most shareholders are attracted to preferred stocks because they offer more consistent dividends than common shares. P referred stock is a better choice If the shares are selling above the conversion price you will profit from converting to common shares first. If the commons shares are below the conversion price, you can sell your preferred stock at the market rate.
The market trade base on supply and demand. It trade like the common stock.
