This week, the S&P 500 will get three brand new members as part of the index's regular rebalancing.
What Happened? S&P Global Inc. (NYSE: SPGI) has announced the following three stocks will be joining the S&P 500 this month:
VICI Properties Inc. (NYSE: VICI)
Keurig Dr Pepper Inc. (NASDAQ: KDP)
ON Semiconductor Corp. (NASDAQ: ON)
Vici will replace Cerner Corp. (NASDAQ: CERN), which has been acquired by Oracle Corporation (NYSE: ORCL). That change will take place on Wednesday, June 8.
Keurig Dr Pepper and ON Semi will replace Under Armour Inc. (NYSE: UA) (NYSE: UAA) and IPG Photonics Corp. (NASDAQ: IPGP) in the S&P 500. Under Armour and IPG will both shift to the S&P 400 MidCap index. These changes will take place prior to the market open ...Full story available on Benzinga.com
Related tickers: SPY, CERN, IPGP, ORCL, UA, ON, SPGI, UAA, VICI, KDP.
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