Applovin and Robinhood added to S&P 500

Promotions of an advertising technology company Applovin and app for trading stocks The markets of the docking Each on Friday jumped about 7% in the extended auction after the S&P Global said they would join the S&P 500 index.

The changes will come into force before the start of trading on September 22, the S&P Global announced in a statement. Applovin will replace MarketaxEss HoldingsWhile Robinhood will take a place Caesars Entertainment.

In March, short -sized pandas research advised the committee To ensure that the US Index does not allow Applovin to become a component. In December, Applovin’s stock declined by 15%when the Committee chose the working day to join Slide 2% In June, when it was expelled from the quarterly balance of the index.

The S&P 500 already has a high concentration on large technology companies. Water and Dooordash make Earlier this year.

This is normal to provide the stock news about their inclusion of the main index, such as the S&P 500. Funds must buy stocks to display updates.

Apalvin and Robinhood became public Fun amc and Gamestop. Applovin itself became an action for observation, and stocks received 278% in 2023 and more than 700% in 2024. As of Friday closing, the shares have received only 51% so far in 2025. The Applovin software brings target ads with mobile apps and games.

Early this year Applovin suggested buying American Business Business with China’s byons. US President Donald Trump has repeatedly extended the sale, most recently in June.

At the annual general meeting of Robinhood in June, the shareholder asked Vlad Tenieva, co -founder and the CEO of the company if there were plans to get into the S&P 500.

“It’s hard to plan,” Tennen said. “I think it’s one of the things that I hope to happen.” He said he believed that the company is entitled.

Marketaxess shares specializing in fixed income trade have fallen by 17%, while Caesars and Casino stocks have fallen by 21%.