Motley Fool has an article out suggesting Zoom may get added to the S&P 500, which would necessitate a variety of index funds purchasing shares in Zoom. Here’s the article: https://www.fool.com/investing/2020/04/24/stock-market-news-……
Anyone have thoughts on the likelihood and/or timeline for this happening? TIA, Doug
“Zoom found out this week that its stock will get included in the Nasdaq 100 Index. The move will take effect at the beginning of the trading day on April 30, with the video conferencing company’s shares replacing outgoing component Willis Towers Watson, which is now about half Zoom’s size.”
https://www.nasdaq.com/articles/is-zoom-video-communications…