Latest news with #rebalancing
Bloomberg
2 days ago
- Business
- Bloomberg
S&P Dow Jones Makes No Changes to S&P 500 in Quarterly Rebalance
S&P Dow Jones Indices left membership in the S&P 500 unchanged in its latest round of quarterly rebalancing on Friday, according to a company spokesperson.
Yahoo
3 days ago
- Business
- Yahoo
Robinhood ‘a prime candidate' to join S&P 500, says BofA
After having hosted a quarterly update meeting with BofA's Emma Huang and the firm's Index Team in front of the S&P rebalance due on Friday, June 6 at 5:15 pm, BofA analyst Craig Siegenthaler views Robinhood (HOOD) as 'a prime candidate' for the S&P 500 with the next rebalancing. The analyst views Cheniere Energy (LNG), Flutter Entertainment (FLUT), Veeva (VEEV), Carvana (CVNA), Ares Management (ARES) and AppLovin (APP) as other top candidates for additions and views Interactive Brokers (IBKR) as 'a top migration candidate' from the S&P 400, BofA added. For Robinhood or Ares, which aren't a part of the S&P 400, the firm notes it would expect 'significant buying activity' from passive funds. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on HOOD: Disclaimer & DisclosureReport an Issue 'Don't Overlook This Deal,' Says Top Analyst as Robinhood Hits Record High Should Investors Buy Robinhood Stock (HOOD) After Its 52-Week High Surge? Mixed options sentiment in Robinhood with shares down 0.66% Robinhood Legend Enters UK Market to Capture 11M Active Traders Option traders moderately bearish in Robinhood with shares down 0.84% Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
