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$1,000 Invested in This 2016 IPO Would Be Worth $4,700 Today, Crushing the S&P 500
24/7 Wall St.142d agoneutral
$1,000 Invested in This 2016 IPO Would Be Worth $4,700 Today, Crushing the S&P 500

When SiteOne Landscape Supply (NYSE: SITE) hit public markets on May 12, 2016, it was a niche bet: the only national wholesale distributor in a deeply fragmented landscape supply industry. A decade later, that thesis has played out. SiteOne has rolled up local players at a relentless pace—completing eight acquisitions in fiscal 2025 alone—including Reinders, ... $1,000 Invested in This 2016 IPO Would Be Worth $4,700 Today, Crushing the S&P 500

Elon Musk's SpaceX Could Be Fast-Tracked Into S&P 500 After IPO Under Proposed Rule Changes
Benzinga145d agoneutral
Elon Musk's SpaceX Could Be Fast-Tracked Into S&P 500 After IPO Under Proposed Rule Changes

The S&P 500, managed by S&P Global Dow Jones Indices, on Thursday, announced it was beginning consultation on rule changes that could potentially help Elon Musk-led SpaceX gain an expedited entry into the index. S&P 500 Rule Changes The rule changes include letting IPOs enter the index six months after their debut on an eligible index instead of a 12-month period, according to current rules. The index also proposed eliminating a minimum Investable Weight Factor (IWF) of 0.10 for megacap companie