AppLovin S&P 500 Inclusion: How the Index Call-Up Rewired the Stock
If you want to see how a market graduates a company from interesting to important, watch what happens after AppLovin S&P 500 inclusion. The day S&P Dow Jones Indices said AppLovin would join the index before the open on September 22, the trading dynamic changed. Passive funds had to buy. Benchmark huggers had to follow. […]
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