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Stock impact report

What are the four new companies being added to the S&P 500 index in March? [Yahoo! Finance]

Vertiv Holdings, LLC Class A (VRT) 
Company Research Source: Yahoo! Finance
The index provider reviews the S&P 500 every quarter using rigorous criteria on market capitalisation, profitability, liquidity and sector balance to ensure it reflects the largest and most representative top 500 US companies. The latest update will bring Vertiv Holdings, Lumentum Holdings, Coherent Corp. and EchoStar Corporation into the index. They replace Match Group, Molina Healthcare, Lamb Weston Holdings and Paycom Software, with the changes taking effect before the market opens on Monday 23 March. With trillions of dollars in assets tracking the S&P 500, the rebalance typically prompts buying from passive funds, often providing a short-term lift to new members. Shortly after the S&P Global announcement, on Friday 6 March, all four companies' shares rose on average 8% as investors began anticipating the increased flow. Three out of the four incoming firms supply critical infrastructure for the AI boom, from power and cooling systems to high-speed optical components. Show less Read more
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