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

By Paul Kedrosky · Tuesday, July 15, 2008 ·

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]