Robinhood and AppLovin to join the S&P 500, sending shares soaring
In the minutes after the S&P announcement, shares of Robinhood were up 7.2%, while AppLovin rose 7.8%.
Trading app Robinhood Markets, mobile app monetization company AppLovin, and building company Emcor Group, will be added to the S&P 500 later this month, S&P Dow Jones Indices announced Friday.
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