Joe Fields
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Tue Nov-25-08 09:56 PM
Original message |
The S&P 500 can no longer be. |
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Whether they are still called the S&P 500 remains to be seen, but according to regulations, a company can only qualify to be considered an S&P 500 company if:
1) The company has 4 billion dollars in market capitalization or more.
AND
2)The stock price is ten dollars or more.
The recent collapse of the market has left hundreds of companies that made up the S&P 500 woefully short of those criteria. Almost all of the financials would no longer qualify, for example.
Not earth shattering news. I just found it interesting.
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zagging
(531 posts)
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Tue Nov-25-08 10:00 PM
Response to Original message |
1. I don't think it's different than any other index |
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The inclusion requirements are arbitrary to begin with, so can be readily changed. I don't think there are "regulations".
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DU
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Tue Apr 23rd 2024, 10:04 AM
Response to Original message |