[megapolitics]

> But it’s still investing in oil companies and giving them more money.

Buying shares on the market from third parties does not give the company more money.

[leereeves]

Not immediately, but companies can take advantage of the higher price by issuing stock.

For example, GameStop raised over a billion dollars while Redditors were trying to get rich by memeing it to the moon.

[rdtsc]

Not directly but it makes the price go up so the company can raise money easier, issue new shares at the higher price, etc.