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[-] expatriado@lemmy.world 17 points 1 day ago

do IPOs go automatically straight into index funds? i thought they had to be added upon approval

[-] CinnasVerses@awful.systems 12 points 1 day ago* (last edited 1 day ago)

It depends on the index! "Equal weight in the largest five banks in Lithuania" is an index. "500 large American companies chosen from a list of candidates by a selection committee in NYCt" is an index. "Every company on the Tokyo Stock Exchange" is an index.

[-] baggachipz@sh.itjust.works 13 points 1 day ago* (last edited 1 day ago)

Typically yes. But when there’s shenanigans involved….

¯\_(ツ)_/¯

[-] lobut@lemmy.ca 4 points 1 day ago

I thought some would only do it after a year or so too to prevent these types of shenanigans too.

this post was submitted on 07 Nov 2026
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