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S&P 500 to Add Robinhood,AppLovin,and Emcor
Three new companies will join the S&P 500 later this month.
Trading platform Robinhood Markets (HOOD) and mobile app monetization company AppLovin (APP) are set to join the benchmark index on sept. 22,according to S&P Dow Jones Indices,as part of a quarterly rebalancing.
They will replace Caesar’s Entertainment (CZR) and MarketAxess Holdings (Mktx), respectively. Emcor (EME) will also be added to the index.