Part of the Club: Robinhood & AppLovin Soar on S&P 500 Inclusion
On Sept. 8, two market darlings took their rightful place in the world’s most-watched benchmark. Robinhood Markets NASDAQ: HOOD and AppLovin NASDAQ: APP will join the S&P 500 Index. Both companies have been waiting a long time for this; many people thought the S&P 500 left out HOOD and APP from inclusion earlier this year. This sentiment was logical. Robinhood and AppLovin entered 2025 with market capitalizations of 109 billion, respectively. Approximately 25% of stocks in the S&P 500 Index ...