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Before the IPO there was much concern that the changes in rules to allow fast inclusion in indices like Nasdaq-100 and Russell 1000 would mean that there would
by abeppu 3mo ago
Before the IPO there was much concern that the changes in rules to allow fast inclusion in indices like Nasdaq-100 and Russell 1000 would mean that there would be an artificially elevated price. Was that effect just over-estimated? Or should SPCX have dropped even further without that support?
- pandaman 3mo agoIt's not an estimated effect - it's pretty evident as any long index position is automatically long $SPCX and yes, it would have been even lower without these forced buys.