Michael Saylor Snubbed by S&P 500, Robinhood Makes Surprise Entry

Reported 1 day ago

Michael Saylor's firm, despite a strong quarterly performance and meeting all inclusion criteria, was not added to the S&P 500 index, causing its stock to drop nearly 3%. In contrast, Robinhood, which is extending its crypto offerings, was unexpectedly included in the index, boosting its stock by 7%. These changes will take effect on September 22.

Source: YAHOO

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