Reported about 19 hours ago
Robinhood, AppLovin, and EMCOR are set to join the S&P 500 index as part of its quarterly rebalancing effective September 22. While Robinhood and AppLovin are well-known in the investment community, EMCOR may not be as familiar. Based in Connecticut, EMCOR is a leading provider of electrical and mechanical construction services and has a market cap of nearly $28 billion, along with over 40,000 employees. Its inclusion in the S&P 500 is expected to enhance its visibility and attract more investment.
Source: YAHOO