Even though it's been a brutal year for the stock market, today, traders have a unique opportunity to adquire stock from the Green Bay packers. It's only the 5th time in it's history that the Green Bay Packers will be selling its shares, for 250 dollars each; the undefeated team will put 250,000 shares up for sale.
The team is selling the stock as a means of fundraising to renovate their stadium -- this is only the fifth fundraising appeal of the Green Bay Packers in the team's 92-year history as the country's only publicly owned professional sports franchise.
Kevin Quinn, an economist at St. Norbert College, thinks less than 100,000 shares will be bought, but some prospective buyers say online discussions are predicting the entire allotment will go quickly.
Would you buy the Green Bay Packers stock? Why or Why not?
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