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S&P 500 to exclude Snap after voting rights debate
(
cnbc.com
)
3 points
by
gabbo
on Aug 1, 2017
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1 comment
hendzen
on Aug 1, 2017
[–]
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.
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