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Home News Equities

KKR, CrowdStrike, and GoDaddy Join S&P 500

by Team Lumida
June 10, 2024
in Equities
Reading Time: 2 mins read
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Photo by Tyler Prahm on Unsplash

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Key Takeaways

1. CrowdStrike, KKR, and GoDaddy to join S&P 500 on June 24.
2. CrowdStrike shares surged 6%, KKR rose 9%, and GoDaddy gained 3.6%.
3. Robert Half, Comerica, and Illumina will exit the S&P 500.

What Happened?

The S&P Dow Jones Indices announced that KKR & Co, CrowdStrike, and GoDaddy will join the prestigious S&P 500 index before markets open on June 24. This decision led to a significant rise in their share prices: CrowdStrike jumped 6%, KKR soared 9%, and GoDaddy increased by 3.6%. Meanwhile, Robert Half, Comerica, and Illumina will be replaced and saw their stocks dip by 2.2%, 0.4%, and 0.6%, respectively.

Why It Matters?

Inclusion in the S&P 500 often signals a vote of confidence and can attract investment from index funds and institutional investors. For CrowdStrike, KKR, and GoDaddy, this move could lead to increased liquidity and visibility. Investors might see this as an opportunity to capitalize on potential growth and stability. Conversely, the removal of Robert Half, Comerica, and Illumina could lead to decreased investor interest and liquidity challenges.

Source: Reuters
Tags: CrowdStrikeGoDaddyKKR
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© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

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Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
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