Criteo added to MSCI indexes ahead of US redomiciliation vote
· 14h ago · Originally reported by PPC Land
Criteo has been added to MSCI indexes for the first time, with the change taking effect November 30. The inclusion comes as the company, still domiciled in Luxembourg, prepares for a shareholder vote on moving to the US, 47 days away. The stock has fallen roughly 60%.
Why it matters
Index inclusion can pull in passive fund buying, a potential support for a stock that has slid sharply. The timing matters because Criteo is asking shareholders to approve a redomiciliation to the US.
Explain it like I’m new here
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