The Saving Advice Forums - A classic personal finance community.

One third of S&P 500 firms are no longer big enough to be on the index

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • One third of S&P 500 firms are no longer big enough to be on the index

    One hundred and one.

    No, that's not Dalmatians but the number of stocks in the U.S. benchmark S&P 500 index now trading for less than $10 a share.

    In fact, $10 would get you 10 shares of online broker E*Trade (ETFC.O: Quote, Profile, Research, Stock Buzz), now the cheapest stock in the index at 98 cents a share. At the other end of this low-ball spectrum you can get a small slice of the garbage business with a share of Allied Waste (AW.N: Quote, Profile, Research, Stock Buzz) at $9.90...


    Over 100 U.S. blue chips now selling for under $10 a share | Reuters

  • #2
    Interesting.

    Comment

    Working...
    X