(Bloomberg) -- KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.Most Read...
-- KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.Here’s Everything Apple Plans to Show at Its AI-Focused WWDC EventThe companies will replace Robert Half Inc. , Comerica Inc. , and Illumina Inc , according to a press release from S&P Dow Jones Indices Friday. The changes are set to go into effect prior to the open of trading on Monday, June 24.
Shares of web-platform company GoDaddy have gained roughly 30% through Friday’s close. Shares rose 4% in after-hours trading Friday.To qualify for the S&P 500, companies must be highly liquid US firms with a market capitalization of at least $18 billion and meet profitability, liquidity and share-float standards. As of May’s methodology, thresholds for the S&P MidCap 400 Index and S&P SmallCap 600 Index are $6.7 billion to $18.0 billion and $1.0 billion to $6.7 billion, respectively.
Shares of GameStop are moving after "Roaring Kitty," best known for the meme stock's 2021 short squeeze, returned to his livestream. Bespoke Investment Group co-founder Paul Hickey joins Asking for a Trend to discuss how this week's movement compares to the 2021 meme stock rally. "I don't think it's as widespread now as it was in 2021," Hickey says.
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KKR, CrowdStrike and GoDaddy to Join S&P 500 as Index RebalancesKKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.
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