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Good move by the S&P. The traditional cooling period after an IPO before the company can be integrated into the major stock indices is there for very good reasons.
16d
Bruce Herbert, aif
S&P holds the line, SpaceX and other mega IPOs will not be fast-tracked into the S&P 500 ourfinancialsecurity.org/news/press-r...
16d
Last night, S&P announced that it will not be changing its rules in ways that would have allowed SpaceX and other large, recently-public companies to be fast-tracked into the S&P 500 and other major i...
ourfinancialsecurity.org
Press Release: S&P Holds the Line, SpaceX and Other Mega IPOs Will Not Be Fast-Tracked into the S&P 500 - Americans for Financial Reform
Americans for Financial Reform