Super Finance Glossary
Over 10,000 financial glossary terms...
S&P Phenomenon
S&P Phenomenon
Definition: Tendency of stocks newly added to the S&P composite index to rise in price due to a large number of buy orders as S&P-related index funds add the stock to their portfolios.
Definition: Tendency of stocks newly added to the S&P composite index to rise in price due to a large number of buy orders as S&P-related index funds add the stock to their portfolios.