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The price boost from being added to the S&P is temporary and small (~5%) https://www.investopedia.com/terms/s/spphenomenon.asp https://www.investopedia.com/term
by dsizzle 5y ago
The price boost from being added to the S&P is temporary and small (~5%) https://www.investopedia.com/terms/s/spphenomenon.asp https://www.investopedia.com/terms/s/spphenomenon.asp
The person controlling the company potentially has a much greater and longer lasting influence on the stock price!
Epic isn't going to be part of the S&P when it's private anyway, so obviously that's not a top concern for Sweeney.