IMO Probably already priced in. But it gives opportunity for a boost in BLK share price when it gets back in.
Take a look at stocks like BLK, DRM, (RMS?)super volatile, when going up they have a index tail wind, on the way down they drop like a ton of bricks. The effect of whether they are included in an index is pro-cyclical on stocks whose market cap that are on the margins of the index’s market cap requirement.
Ann: S&P DJ Indices Announces March Quarterly Rebalance, page-3
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