Tag

Quarterly Rebalancing

All articles tagged with #quarterly rebalancing

"Super Micro and Deckers Outdoor Set to Join S&P 500 in Rebalancing"
finance2 years ago

"Super Micro and Deckers Outdoor Set to Join S&P 500 in Rebalancing"

Super Micro Computer Inc. and Deckers Outdoor Corp. will join the S&P 500 index, replacing Whirlpool Corp. and Zions Bancorp NA. Super Micro's shares surged due to strong market demand for its servers, while Deckers Outdoor, known for Hoka running shoes and UGG boots, saw a 35% rally this year. Inclusion in the S&P 500 is significant for companies, as it enhances their investor profile and trading liquidity. This move reflects the increasing importance of the benchmark in a world dominated by passive investment funds.

Palo Alto Networks Joins S&P 500 Index, Impacts Stock Market.
business2 years ago

Palo Alto Networks Joins S&P 500 Index, Impacts Stock Market.

Palo Alto Networks (PANW) will replace Dish Network (DISH) in the S&P 500 index, while Dish Network will replace Cutera (CUTR) in the S&P SmallCap 600. PANW stock jumped to a record high following the announcement. The changes are part of the quarterly rebalancing for the S&P indexes, which also includes additions and replacements for the S&P MidCap 400 and S&P SmallCap 600.