2026-11-07 00:23 UTC
Anthropic’s backers are hopeful that its IPO will be propelled by so-called forced buyers, including index funds and large asset managers, which do not currently own any of the stock but will in effect be obliged to do so shortly after the company is public.
Oof
Replies (5)
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@lurker@awful.systems 2026-11-07 01:11
“our IPO will be supported by the people we are forcing to buy it’ is definitely a vote of confidence and not at all ominous
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@expatriado@lemmy.world 2026-11-07 01:14
do IPOs go automatically straight into index funds? i thought they had to be added upon approval
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@halfapage@lemmy.world 2026-11-07 04:51
market so free it forces you to buy
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@Tollana1234567@lemmy.today 2026-11-08 07:52
there we go, that was thier plan all along.
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@AfricanExpansionist@lemmy.ml 2026-11-08 09:20
Isn’t their debt rating basically junk bind status? If so, they won’t be included in any pension funds