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-0.000943952802359806 -0.000841691248770889 0 -0.000983284169124877 -0.000983284169124877 0.000786627335299969 0.000589970501474949 0.000747295968535009
Stock impact report

Vertiv and EchoStar lead tech surge in S&P 500 rebalance [Yahoo! Finance]

Vertiv Holdings, LLC Class A (VRT) 
Company Research Source: Yahoo! Finance
Shares of Vertiv Holdings Co (NYSE:VRT) surged 5.6% in after-hours trading following the news, while EchoStar Corporation (NASDAQ:SATS) and Lumentum Holdings Inc (NASDAQ:LITE) also saw significant gains. The quarterly reshuffle is designed to maintain the integrity of the market's most-watched gauges. S&P DJI stated that "The changes ensure that each index is more representative of its market-capitalization range" across the large, mid, and small-cap tiers. Vertiv, Lumentum, Coherent Inc (NYSE:COHR), and EchoStar will officially join the S&P 500 prior to the opening of trading on Monday, March 23. To make room for these additions, the index will remove Match Group Inc (NASDAQ:MTCH), Molina Healthcare Inc (NYSE:MOH), Lamb Weston Holdings Inc (NYSE:LW), and Paycom (NYSE:PAYC). Higher up the ladder, the S&P 100 will see a notable influx of semiconductor and industrial heavyweights, including Micron Technology Inc (NASDAQ:MU) and GE Vernova LLC (NYSE:GEV). These moves come at the ex Show less Read more
Impact Snapshot
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