๐น $APP (+5,16%) +7.4%
๐น $HOOD (+4,02%) +7.2%
๐น $EME (+7,32%) +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.
๐ Joining the S&P 500 is a major milestone โ it increases demand from ETFs and institutional investors, improves liquidity, and strengthens a companyโs market profile.
