S&P 500: Airbnb and Blackstone rise on news that they will join the index

Airbnb (ANBP) And Black stone (BX) will join the S&P 500 before the opening on September 18, as part of the quarterly rebalancing of the S&P indices. ABNB and Blackstone stocks rose Friday night on the news.




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BX and Airbnb shares will be exchanged Lincoln National (LNC) And Newell Brands (NWL) which in turn will replace unique (que) And Global Insurance Holding Company (He is) in the S&P SmallCap 600 Index.

ABNB rose 5.6% Friday night, indicating a move back above the 50 day line as it builds the right side of a new sell base. BX stock is set to test or clear the buy point at 108.77 from the shallow base of the cup.

Meanwhile, Uniqure stock fell 3.6% Friday night, while Universal Insurance lost 4.7%.

Other changes in the S&P index

DE stock will be replaced Walgreens Shoe Alliance (World Boxing Association) in the S&P 100. Both Derry (to) WBA stock will remain in the S&P 500 Index.

Permian resources (Public relations), Gaming and entertainment features (GLPI), Godaddy (GDDY), Morning star (morn), Ally Finance (ally), Scenery (VST), Vail Resorts (MTN), Sensata Technologies (street), Weatherford International (WFRD) And Fidelity National Finance (International Finance Corporation) will join the S&P MidCap 400. They will replace Omnicil (OMCL), Papa John’s (Pizza), Sensitive technologies (SXT), Cathay General Bancorp (Katie), Energizer Holdings (inr), xerox (XRX), Haywoods Properties (high), Trip Advisor (a trip), JetBlue Airways (blue), And foot locker (fl), which moves down to the S&P SmallCap 600 Index.

It also joins the S&P SmallCap 600 Hannon Armstrong Sustainable Infrastructure Capital (Begins), Blackstone Mortgage Fund (BXMT), freedom energy (LBRT), leading (Pink color) And Apple Hospitality REIT (gravity).

Exiting the S&P Small Cap 600 is trench (Tokyo Stock Exchange), Aaron Company (in), We change (NTGR), Koheros Biological Sciences (CHRS), 8×8 company. (Egypt), office
Real estate income fund (obi), Vascular dynamics (I mean), Vanda Pharmaceuticals (Fenda), Orion RET office (only), Ananta Pharmaceuticals (purposes), fuel of the future (FF), RE/MAX Holdings (rmax), xenix (Zixi), Annika Remedies (Annick) And Computer software and systems (CBSi).

Please follow Ed Carson on X/Twitter @IBD_ECarson For stock market updates and more.

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