# Professor Haran Segram explains the impact of less available sell-side stock data

1 Faculty News July 31, 2019 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters](https://www.reuters.com/article/usa-stocks-privateprisons/update-1-u-s-prisons-lose-wall-street-sell-side-coverage-idUSL2N24W1KK) -- "'It's bad news from the investor's perspective because no price discovery is happening. It's bad news from the company's perspective because if they're trying to do funding investors will be looking for independent research. If they don't find it they'd be reluctant to fund the company,' said [Segram](https://www.stern.nyu.edu/faculty/bio/haran-segram)."

[Read more](https://www.reuters.com/article/usa-stocks-privateprisons/update-1-u-s-prisons-lose-wall-street-sell-side-coverage-idUSL2N24W1KK)