S&P Dow Jones Leaves S&P 500 Membership Unchanged in Quarterly Rebalance

S&P Dow Jones Indices maintained the membership of the S&P 500 unchanged during its latest quarterly rebalancing. Analysts had speculated that Robinhood Markets, Inc. might be added to the index, leading to a 13% rise in its stock this week. However, shares dropped by 5% in after-hours trading following the announcement. The decision reflects stability in the current composition of the S&P 500, with no immediate changes to its roster of companies.
— new from Bloomberg

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