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July 15, 2008

The S&P 500 Isn't Here Right Now. Call Back Later.

Great stat from the good folks at Bespoke today:

Looking at the [$5-billion] market cap requirement [for S&P 500 membership], there are currently 126 companies (25.2% of the index) in the S&P 500 which would not be large enough to be added to the index today.

Yow. One-quarter of the index no longer meets the market cap requirement for membership? Apparently the S&P 500 is out right now.

[via Bespoke]

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