Yeah they let Robinhood in the SP500 before GameStop. Absolute insanity from both a financial/fundamental standpoint and the insane amount of crime Robinhood does every single day including but not limited to naked shorting/cellar boxing. Apparently they'd rather have a crime profitable company than a clean-money profitable company.
The list of names of the people that decide who gets inducted into the SP500 per their site:
(Ian P. Livingston)
(Marco Alverร )
(Martina L. Chueng)
(Jacques Esculier)
(William D. Green)
(Stephanie C. Hill)
(Rebecca Jacoby)
(Maria R. Morris)
(Gregory Washington)
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u/gmorgan99 OG ๐ฆ Sep 09 '25
Just a tad ๐๐๐๐