Workday and Apollo Soar on S&P 500 Inclusion
TL;DR Summary
Workday and Apollo Global Management are set to join the S&P 500 index as part of a quarterly rebalance, replacing Qorvo and Amentum Holdings, which will move to the S&P SmallCap 600. Workday's stock rose 6% while Apollo's initially surged before falling 1%. AppLovin, despite its significant gains in 2024, was not added to the S&P 500, leading to a 15% drop in its stock. Other index changes include Comerica and Carpenter Technology moving to the S&P MidCap 400, and Terreno Realty and Champion Homes joining the S&P SmallCap 600.
- Workday, Apollo Will Join S&P 500, But Not This Red-Hot Stock Investor's Business Daily
- Apollo Global Management, Workday Stocks Jump on S&P 500 Inclusion Yahoo Finance
- 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
- Apollo Global Management, Workday to Join S&P 500 Investopedia
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