alt Hacker NewsI don't think the S&P has actually made a decision yet. It is in progress, though: "The S&P Index Consultation on MegaCap IPOs" is the search term
I don't think the S&P has actually made a decision yet. It is in progress, though: "The S&P Index Consultation on MegaCap IPOs" is the search term
What is being considered by S&P:
> Stocks would become eligible for the index after six months rather than 12 months. The requirement to have a minimum Investable Weight Factor of 0.10 (roughly at least 10% of shares publicly floated) would be dropped. Companies would not be required to demonstrate profitability.
* https://www.schwab.com/learn/story/some-indexes-accelerate-e...
Though:
> Still, S&P Dow Jones reminds market participants that the proposed changes would apply only to index eligibility. The actual inclusion of new constituents remains entirely at the discretion of the index committee.