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Benzinga
Benzinga
Business
Akanksha Bakshi

AppLovin Hits New Milestone With S&P 500 Debut Fueling Market Buzz

AppLovin Corp.

AppLovin Corp. (NASDAQ:APP) shares jumped over 11% after S&P Dow Jones Indices said the company will be added to the S&P 500.

S&P Dow Jones Indices announced late Friday that AppLovin Corp., Robinhood Markets Inc. (NASDAQ:HOOD), and Emcor Group Inc. (NYSE:EME) will join the S&P 500 as part of its quarterly rebalance. The changes will take effect before markets open on September 22.

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