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Index rejigs: demotion would teach Meta the value of humility

Financial Times LogoFinancial Times1w ago

Index rejigs: demotion would teach Meta the value of humility

Quick Summary

The likes of Netflix and PayPal may also be in the value bucket when final cuts are disclosed.

But inclusion might just light a fire under bosses like Mark Zuckerberg, prompting efforts to rejoin the growth echelon they see as their birthright.

The companies themselves would not concede that their high-flying days are over, even if their valuation multiples have also plummeted into the territory of value.


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Article Details

Category: MarketsFinanceInvesting

Topics: Value Higher Prices Financial Stock 2022 Index Growth Companies Ftse Russell

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 17:26:06

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 3 minutes read

Article Length: 449 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 6234

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 10 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #3

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