In terms of shares AMD was fairly small pie on S&P500 index.
If AMD is fairly decent size of pie on midcap, it might be a wash.
Chump change, if S&P500 index funsd exit.
However, S&P midcap index fund will have to buy decent amount to supplement it as well.
Holder Shares % Out Value* Reported
SPDR S&P 500 ETF Trust 6,239,612 0.87 23,523,337 Jul 31, 2013
Vanguard 500 Index Fund 5,825,350 0.81 23,767,428 Jun 30, 2013
Could spark some more sell off tomorrow.
For the sake of more games played by traders, maybe....but the cards are on the table...AMD is moving forward
does not matter i was looking to buy more shares this week anyways all that did was create an opportunity
Sentiment: Strong Buy
truthfully it does not matter they move in and out out indexes then back in its how they price themselves. The only thing that matters is the direction of the company
Plus the Forbes can finally stop reporting which companies are now larger than S&P component AMD every other day.