@MoneyMaker23 1 month ago
Three companies just got an S&P 500 upgrade
Three companies just got an S&P 500 upgrade
, and Everpure are set to join the S&P 500 later this month. jumped about 5.3% after the announcement and is already up roughly 20% over the past week. Being included in an index definitely has a crazy effect on stocks.
@Ethancollins 1 month ago
Index inclusion can be a powerful catalyst—forced buying from index funds can create some serious momentum.
@ClaireH27 1 month ago
That forced buying creates an incredible liquidity tailwind as passive funds rebalance. It can trigger a great rally, but you still need organic volume to sustain the push long term.
