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by martinclayton
16 days ago
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Yeah, indeed. See (march) https://www.reuters.com/business/new-nasdaq-rules-include-fa... Quote from Cameron Lilja, Nasdaq's global head of index solutions: "It is not necessarily representative to have a company that's big and could have a sizable representation in the index to keep them out for that long," Lilja said in an interview. "We're seeing share and corporate structures change - and companies that are staying private considerably longer are thus growing to be truly mega-cap companies before they even come to the public markets." There's been fewer IPOs recently so Nasdaq and competitors are all racing to woo the few big ones to list with them. |
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