Why the S&P 500 May Get a New Member Soon
1. Paramount Global's merger could disqualify it from the S&P 500 soon. 2. Current market cap is about $8 billion, below S&P's $22 billion threshold. 3. Skydance will own 70% of Paramount post-merger, reducing its float-adjusted market cap. 4. Recent speculation has led to a 17% decline in Paramount's stock price. 5. Inclusion in the S&P 500 can increase demand from passive investors.