"Super Micro and Deckers Set to Join S&P 500, Replacing Whirlpool and Zions Bancorp"

1 min read
Source: Yahoo Finance
"Super Micro and Deckers Set to Join S&P 500, Replacing Whirlpool and Zions Bancorp"
Photo: Yahoo Finance
TL;DR Summary

Super Micro Computer's stock surged 13.5% in after-hours trading after it was announced that the company, known for selling AI-optimized servers, will join the S&P 500. This move will require index funds to purchase shares of Super Micro and Deckers Outdoor Corp, which are set to replace Whirlpool Corp and Zion Bancorporation in the S&P 500. Super Micro's stock has more than tripled this year, and its market value has surpassed $50 billion, leading to widespread investor speculation about its inclusion in the index.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

1 min

vs 2 min read

Condensed

65%

24384 words

Want the full story? Read the original article

Read on Yahoo Finance