6 ms·
almost all 401k plans offer funds based on s&p 500, not nasdaq/russell others. s&p has also halved their trading days requirement from 1 yr to 6 months, but tha
by findjashua 4mo ago
almost all 401k plans offer funds based on s&p 500, not nasdaq/russell others. s&p has also halved their trading days requirement from 1 yr to 6 months, but that's still sufficient to be past the post-ipo lock-up period.
- anonymid 4mo agoI 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
- throw0101c 4mo agoWhat 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-entry-massive-ipos 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.
- mixedbit 4mo agosp500 has profitability requirement, I doubt LLM companies will show profits any time soon.