8 ms·
More like if these funds have an issue with the management structure they should just not buy the shares.
by asdfaoeu 4mo ago
More like if these funds have an issue with the management structure they should just not buy the shares.
- aNoob7000 4mo agoMaybe Nasdaq shouldn't put Space X in the Nasdaq-100 index fund 15 trading days later vs six months.
- kjksf 4mo agoNasdaq is a company that exists to make money. They make money by curating an index i.e. a list of companies and licensing that list to other companies for a fee. If they pick good, profitable companies with great future, then the business continues. If not, the business fails. So when you're debating "should/shouldn't", the only perspective is that of Nasdaq, the company, and they only question they "should" be interested in is: is SpaceX a good company with great feature that will make the list better. The 6 month rule was created by Nasdaq, the company, in order to pick good companies. It's not a religion. It's not a suicide pact. Therefore when faced with historic IPO (the largest IPO ever) it's a sign of good management that they are not applying the same rules to SpaceX (debuting at $1.75 Trillion) as they do to companies that IPO at $100 million.