KKR & Co shares are trading higher after it was announced the company will join the S&P 500.
Portfolio Pulse from Benzinga Newsdesk
KKR & Co shares are trading higher after the company announced that it will join the S&P 500.
June 10, 2024 | 11:28 am
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KKR & Co shares are trading higher following the announcement that the company will join the S&P 500.
Inclusion in the S&P 500 often leads to increased demand for a company's shares as index funds and ETFs that track the S&P 500 will need to purchase the stock. This typically results in a positive short-term impact on the stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100