Cointime update: MSCI will publish its final list of affected companies on Nov. 11 under new rules that exclude “non-operating companies” from its global investable market indexes, effective with the November index review on Nov. 30. Strategy (Nasdaq: MSTR) is in the final review, putting its index seat at risk. JPMorgan analysts previously estimated index-tracking funds could sell about $2.8 billion of the stock if it is removed.
MSCI to Publish Final Non-Operating Company List, Strategy’s Index Seat at Risk
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