business2 years ago
Uber's S&P 500 inclusion brings both blessings and curses
The inclusion curse of the S&P 500 is now affecting Uber, as the ride-hailing company's stock price has been declining since its inclusion in the index. This phenomenon, known as the inclusion curse, refers to the trend of stocks underperforming after being added to the S&P 500. Market data analysis suggests that this curse may be due to increased scrutiny and higher expectations from investors following inclusion in the prestigious index.