AppLovin and Robinhood added to S&P 500

Advertising Technology Company Shares Applovin and stock trade application Robinhood markets After saying that two of the S&P Global will join the S&P 500 index, each increased by 7% in expanded transactions on Friday.

S&P Global will enter into force before the start of the transaction on September 22nd. Applovin will replace Marketaxess HoldingsRobinhood will replace Caesars Entertainment.

In March, the short seller Bulanık Panda Research advised the US Index committee to prevent Applovin from being founder. Applovin shares fell 15% in December, the committee chose the working day to join the S&P 500. Robinhood saw Robinhood’s 2% shift in June when the index was re -balanced every three months in June.

S&P 500 already has a heavy concentration on large technology companies. Datagogue And Doordash Earlier this year.

It is normal for stocks to be included in the news they include a large index of S&P 500. Fund administrators must buy shares that reflect updates.

Applovin and Robinhood opened to the public in Nasdaq in 2021. AMC Entertainment And Gamestop. Applovin itself has become a stock to watch and the stock won more than 278% in 2023 and more than 700% in 2024. From the closing of Friday, the stock had earned only 51% in 2025. Applovin’s software brings targeted ads to mobile applications and games.

Earlier this year, Applovin offered to buy the US Tiktok from China’s Bay. US President Donald Trump has repeatedly extended the last date for sale in June.

At Robinhood’s annual general meeting in June, a shareholder asked the company’s founding partner and CEO Vlad Tenev if they had plans to enter S&P 500.

“It’s hard to plan,” Tenev said. “I think it’s one of the things that happened.” He said he believes the company was appropriate.

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