AppLOVIN and Robinhood have been added to S&P 500

Advertising Technology Company shares Applovin And the stock trading application RobinHood Markets Both of them jumped about 7 % in the trading on Friday after the S& P Global said that the two will join the S&P 500 index.

Changes will enter into force before the start of trading on September 22, S& P Global was announced in a statement. Applovin will replace Market holdersWhile Robinhood will replace Caesar entertainment.

In March, Banda’s mysterious research is short blue The committee advised In order for the large United States index to become Applovin to become component. Applovin’s shares decreased by 15 % in December, when the committee chose the working day to join the S&P 500. Robinhood, for its part, I saw the shares 2 % slide In June, when he was excluded from the semester re -balance of the index.

Technology companies DATADOG and Doordash It became part of the S&P 500 Earlier this year.

It is normal for stocks to rise on the news of their inclusion of a major index such as the S&P 500. box managers need to buy stocks to reflect the updates.

Applovin and Robinhood were published both on the Nasdaq Stock Exchange in 2021. Robinhood was preferred among retailers who have provided shares of Meme’s shares like AMC Entertainment and Gamestop. Applovin itself became an arrow for viewing, as the stock gained 278 % in 2023 and more than 700 % in 2024. As of the closure of Friday, the stock has gained only 51 % so far in 2025. Applovin brings targeted ads to mobile applications and games.

Earlier this year, Applovin I was offered to buy American Tiktok works from China by atteedance. US President Donald Trump has repeatedly extended the deadline for sale, the last of which was in June.

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