> What if they floated only .01%? What's the cutoff for it being ridiculous not to include?
You’d probably still include it, at least for a tech index. But you’d underweight it relative to float for indices published for funds. (The pure play index would weight it wholly because informationally it’s still a whole company.)
You’d probably still include it, at least for a tech index. But you’d underweight it relative to float for indices published for funds. (The pure play index would weight it wholly because informationally it’s still a whole company.)