S&P indexes raise minimum market cap requirements – Reuters
S&P Dow Jones Indices announced on Thursday it was increasing the minimum market capitalization requirements for companies joining the S&P 500 and other stock market indexes.
Companies must now have a stock market value of at least $13.1 billion to join the S&P 500 (.SPX), Wall Street’s most followed benchmark. That is up from a previous minimum of $11.8 billion.
Falling below market capitalization minimums does not mean companies will be removed from S&P indexes. Nearly 40 S&P 500 companies currently…
