About 1 year after the Securities and Exchange Commission authorized the controversial option, SpaceX is the only IPO to include one.
But the stake may be a drag on Q3 results, as its value has plummeted by nearly $2 billion in two months.
As indexes are increasingly dominated by large companies, managers tout active strategies as a solution.
Lawsuit alleges that ‘personal rivalry influenced Amazon’s procurement process.’
Non-public companies valued at $1 billion and up haven’t sprung back with the stock market.
