Apollo Global Management, Workday to Join S&P 500
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Apollo Global Management and Workday are set to join the S&P 500 index later this month, as announced by S&P Dow Jones Indexes.
December 06, 2024 | 11:45 pm
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POSITIVE IMPACT
Apollo Global Management will be added to the S&P 500 index, which could lead to increased demand for its stock as index funds adjust their holdings.
Inclusion in the S&P 500 often results in increased buying from index funds, which can drive up the stock price. Apollo's addition to the index is likely to have a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Workday will be added to the S&P 500 index, which could lead to increased demand for its stock as index funds adjust their holdings.
Inclusion in the S&P 500 often results in increased buying from index funds, which can drive up the stock price. Workday's addition to the index is likely to have a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100