Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Why would a company care about the price of its own shares in the stock market?
Shareholders get to vote for the board, the board appoints the CEO. This makes the CEO care, which in turn makes everybody else working in the company care. Also, if the company wants to borrow money a good share price, as sign of a healthy company, gives them more favorable conditions from lenders. And some more points others already made.