Class A shares are a type of stock that companies issue to raise capital. These shares typically come with voting rights, allowing shareholders to have a say in company decisions, such as electing the board of directors. Class A shares are often favored by long-term investors who want to influence the company's direction. In some cases, companies may also issue Class B shares, which may have different voting rights or restrictions. The distinction between Class A and Class B shares helps companies manage control while still attracting investment from a broader range of investors.