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A comment on S&P 500 to exclude Snap after voting rights debate. Parent comment

Re:S&P 500 to exclude Snap after voting rights debate by jonknee on Tuesday August 01, 2017 @04:45PM (#14905140)
Just an index that you really really want to be in... It's the mother of all indexes.

Facebook gained 4.3% when it was announced they were getting included in the S&P 500 (a $5b market cap gain at the time):

http://www.reuters.com/article/us-sp500-facebook-idUSBRE9BA1...

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Re:S&P 500 to exclude Snap after voting rights debate by loceng on Tuesday August 01, 2017 @05:02PM (#14905274)
And Mark still has full control I believe because of their shares structure?
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Re:S&P 500 to exclude Snap after voting rights debate by jonknee on Tuesday August 01, 2017 @05:10PM (#14905363)
Yes, this only affects new entries to the index.
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