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The latest S&P 500 rebalance sparked strong after-market moves

πŸ”Ή $APP (+4.36%) +7.4%

πŸ”Ή $HOOD (-0.84%) +7.2%

πŸ”Ή $EME (+2.16%) +2.2%

They will replace MarketAxess, Caesars Entertainment and Enphase Energy.

Meanwhile, Caesars fell -0.5%, Enphase -1.8%, and MSTR dropped -3% after disappointment of not being included.

πŸ“Š Joining the S&P 500 is a major milestone β€” it increases demand from ETFs and institutional investors, improves liquidity, and strengthens a company’s market profile.

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