That ".125% is not much to matter" argument also cuts the other way, against the... | Hacker News

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		cman1444 1 day ago \| parent \| context \| favorite \| on: SpaceX, Other Mega IPOs Denied Fast Index Entry by... That ".125% is not much to matter" argument also cuts the other way, against the Matt Levine argument that the S&P is excluding trillion dollar companies and should adjust the rules for them. Should S&P really adjust the rules for such a small portion of the index?
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tristanj 1 day ago [–]

Yes, because that number increases to 1-2% of the index after the IPO lockup period ends.

There are three IPOs coming this year that meet this criteria.

anonymars 1 day ago | [–]

Then it seems pretty disingenuous to keep arguing it's only 0.125% so it's not a big deal

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