this post was submitted on 27 Jun 2026
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[–] baseball2020@sopuli.xyz 43 points 1 day ago (3 children)

Is it possible that their attempt to be listed on the index is a way for private capital to cash in on their investments, leaving 401k funds etc holding the bag when the value dips?

[–] AlecSadler@lemmy.dbzer0.com 25 points 1 day ago (1 children)

There are numerous articles and analyses online exactly to this effect. It is absolutely the goal.

[–] MangoCats@feddit.it 6 points 12 hours ago

It is absolutely one of the goals. The goals are many, the benefactors are few.

[–] justaman123@lemmy.world 11 points 1 day ago

I mean the money was just sitting there in those 401ks they'd be foolish not to figure out some way to rob it for themselves

[–] moncharleskey@lemmy.zip 12 points 1 day ago

That's been my take on it for sure.