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61 sats \ 2 replies \ @0xbitcoiner OP 9 Jan \ parent \ on: How New S&P 500 Companies Performed In 2024 Stacker_Stocks

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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