Index Rule Changes for SpaceX IPO 'Odd': Todd Sohn
Todd Sohn, ETF strategist at Strategas, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ." Nasdaq instituted a rule change that shortens the time for newly public companies to be added to its index, while S&P Dow Jones and FTSE Russell are considering similar changes. This comes ahead of expected mega IPOs from SpaceX, OpenAI and Anthropic. (Source: Bloomberg)
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