SPY Advance - Decline data for 2014 through 2016 Message Board

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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016

SPY 687.72

+0.7%

Jan 5 4:00 PM EST

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From: rimshot	11/16/2020 6:03:24 PM
	of 1118

TSLA addition in December to the S&P 500 index is announced after today's market close - finance.yahoo.com Shares of Telsa ( TSLA) jumped more than 10% in the after-hours session on the news that the electric carmaker is set to join the S&P 500. On Monday evening, the S&P Dow Jones Indices announced that Tesla will be added to the closely-followed stock index on Monday, Dec. 21 before the market opens to coincide with the December quarterly rebalance. “Due to the large size of the addition, S&P Dow Jones Indices is seeking feedback through a consultation to the investment community to determine if Tesla should be added all at once on the rebalance effective date or in two separate tranches ending on the rebalance effective date,” S&PDow Jones Indices said in its release. The company Tesla will replace on the index will be named closer to the rebalance date. Tesla, which has a market cap $386.82 billion, has seen its shares surge nearly 400% year-to-date.

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