This graphic shows how the new S&P 500 companies added in 2024 have performed since their start date, as of year-end (Dec. 31, 2024).Note that Amentum Holdings, the 12th addition of 2024, is not included in this graphic because it was also removed during the same year on Dec. 23.
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33 sats \ 3 replies \ @BlokchainB 9 Jan
7/12 had negative returns. That must be extremely disappointing
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61 sats \ 2 replies \ @0xbitcoiner OP 9 Jan
I've always said that IPOs are gambling! Sometimes it results in big gains, but there is also a big risk of losses. It often happens that companies do an IPO to line the pockets of the original founders.
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111 sats \ 1 reply \ @BlokchainB 9 Jan
But these companies are well beyond IPO I thought.
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83 sats \ 0 replies \ @0xbitcoiner OP 9 Jan
That's right! I think it gave me a brain crush, I assumed that to enter the SP500 is because they had made an IOP. Which is totally wrong, companies are always entering and leaving the index.
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