Offer your thoughts or opinion on the input financial query or topic using your financial background.

Why would a company care about the price of its own shares in the stock market?
The other answer has some good points, to which I'll add this:  I believe you're only considering a company's Initial Public Offering (IPO), when shares are first offered to the public.  An IPO is the way most companies get a public listing on the stock market. However, companies often go to market again and again to issue/sell more shares, after their IPO.  These secondary offerings don't make as many headlines as an IPO, but they are typical-enough occurrences in markets. When a company goes back to the market to raise additional funds (perhaps to fund expansion), the value of the company's existing shares that are being traded is a good indicator of what they may expect to get for a secondary offering of shares. A company about to raise money desires a higher share price, because that will permit them to issue less shares for the amount of money they need.  If the share price drops, they would need to issue more shares for the same amount of money – and dilute existing owners' share of the overall equity further. Also, consider corporate acquisitions:  When one company wants to buy another, instead of the transaction being entirely in cash (maybe they don't have that much in the bank!), there's often an equity component, which involves swapping shares of the company being acquired for new shares in the acquiring company or merged company.  In that case, the values of the shares in the public marketplace also matter, to provide relative valuations for the companies, etc.