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What is the upside to being on S&P? What were they on before, Nasdaq? What is the material difference? Genuine question.
by krolley 6y ago
What is the upside to being on S&P? What were they on before, Nasdaq? What is the material difference? Genuine question.
- st1x7 6y agoGetting investment money from anyone who invests in an S&P500 index. Which is a lot considering how often the S&P500 is considered the default index.
- gamblor956 6y agoThere isn't an upside. Theoretically it means that certain investment vehicles must buy shares of your company. But they do so from the open market; not from offerings. Otherwise, it's just a matter of prestige: the S&P lists are just the X largest (by stock value) profitable publicly traded companies. The difference between S&P X00 and Nasdaq: S&P is just a list of publicly traded companies; it is not a stock exchange. Nasdaq is an actual stock exchange, like the NYSE.