SPY - CrowdStrike Holdings Stock Is Surging Monday: What's Going On? | Benzinga
CrowdStrike Holdings Inc (NASDAQ:CRWD) shares are trading higher Monday after it was announced the company will join the S&P 500.
What To Know: After the market close on Friday, S&P Dow Jones Indices announced that CrowdStrike, KKR & Co and GoDaddy would replace Robert Half, Comerica and Illumina in the S&P 500.
The changes are set to become effective prior to the open of trading on June 24 to coincide with the quarterly rebalance of the S&P Dow Jones Indices.
The S&P 500 is a market capitalization-weighted index that tracks the largest 500 publicly traded companies. The index is considered one of the best gauges of broader market performance and is tracked by the SPDR S&P 500 (NYSE:SPY).
See Also: Don’t Miss Apple’s WWDC ...