2026-11-07 01:14 UTC
do IPOs go automatically straight into index funds? i thought they had to be added upon approval
Replies (3)
-
@baggachipz@sh.itjust.works 2026-11-07 02:16
Typically yes. But when there’s shenanigans involved…. ¯_(ツ)_/¯
-
@lobut@lemmy.ca 2026-11-07 03:05
I thought some would only do it after a year or so too to prevent these types of shenanigans too.
-
@CinnasVerses@awful.systems 2026-11-07 03:10
It depends on the index! “Equal weight in the largest five banks in Lithuania” is an index. “500 large American companies chosen from a list of candidates by a selection committee in NYCt” is an index.