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April 02, 2014 AT 5:00 AM
Who says an icon can’t evolve? The Original 501, Levi’s riveted-for-strength jean style, patented 141 years ago in May and has been an American classic ever since. A new 501 will debut in the financial markets on April 3, when the S&P 500 allows a new class of C shares to begin trading in addition to the current A shares, thus unofficially creating an S&P 501 with 500 companies but 501 different shares.