99 days ago • Posted by Charles-Henry Monchau
Tesla to join S&P 500 on Dec 21, stock surged 9% Monday after the market closed.
S&P Dow Jones Indices announced on Monday that Tesla will join the S&P 500 effective prior to trading on Monday, Dec. 21. Upon entry, Tesla is already one of the S&P 500′s 10 most valuable companies based on Monday’s closing prices. Tesla was snubbed in September after it met criteria to be included in the S&P 500 but was not initially picked by the S&P 500 Index Committee - source: CNBC