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Well, I think Frannie were removed because they no longer have a viable path to return to the 5 billion mark. Also, there are restrictions on share price, which resulted in the reverse splits of CIEN and JDSU.
Sep 11 02:42 am
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All Comments by Ricard »Is it the S&P 500, the S&P 498, or the S&P 381? [View article]
The rules may seem arbitrary, but that is part of the process of using one's judgement. If it was some sort of algorithm, you would see more swaps of the index components, enough so to make it meaningless as a barometer.