Had no idea what this would meanI had no idea what this press release would mean for Volta, if anything.
I found a study done that is quite interesting.
If anything ... it is definately a good thing by this study.
One thing it says is
"In essence, even though addition to, or removal from, an S&P Index should not be considered a buy or sell
recommendation by S&P, the market has determined the relative importance of S&P’s various
Indices by how much money is invested to replicate the Indices."
Anyways.. it is quite a interesting read.
Here is the link.
https://www2.standardandpoors.com/spf/pdf/index/EventStudy.pdf
Cheers
Kieran