from Hacker News

S&P 500 to exclude Snap after voting rights debate

by gabbo on 8/1/17, 6:15 PM with 1 comments

  • by hendzen on 8/1/17, 6:45 PM

    This is huge. There are a huge amount of capital inflows from indexers from being part of the SP500. This will be a strong disencentive to future IPO candidates for issuing shares with reduced voting rights.