Workday and Apollo Join S&P 500 Amid Market Shifts
TL;DR Summary
The S&P 500 index is undergoing changes with Apollo Global Management and Workday being added, while Qorvo and Amentum Holdings are removed due to market capitalization requirements. These changes reflect the dynamic nature of the index, which aims to include companies with significant market value. Inclusion in the S&P 500 is prestigious and can impact stock visibility and price, although the effect is less pronounced than in the past. The Nasdaq-100 is also set for a reranking, with potential candidates being evaluated based on growth prospects.
Topics:business#apollo-global-management#finance#market-capitalization#sandp-500#stock-market#workday
- S&P unveils new stocks added to the S&P 500 TheStreet
- Apollo Global Management Stock Pulls Back After Hitting All-Time High Investopedia
- The next S&P 500 shake-up could usher in Coinbase, Block, or these other stocks MarketWatch
- Workday shares pop 9% on inclusion in S&P 500 CNBC
- Workday, Apollo Will Join S&P 500, But Not This Red-Hot Stock Investor's Business Daily
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
4 min
vs 5 min read
Condensed
89%
806 → 86 words
Want the full story? Read the original article
Read on TheStreet