KKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances
From Yahoo Finance: 2024-06-07 18:18:40
Private investment firm KKR & Co. Inc., cybersecurity company CrowdStrike Holdings, Inc., and web-platform company GoDaddy Inc. will be included in the S&P 500. They will replace Robert Half Inc., Comerica Inc., and Illumina Inc. The changes take effect before trading opens on June 24. KKR aims to reach $1 trillion in assets under management in five years, while CrowdStrike’s stock has more than doubled in the past year. GoDaddy shares have gained about 30%. Inclusion in the S&P 500 is crucial for companies, as it boosts investor profile and liquidity.
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