Tag: S&P 500
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Robinhood Shares Dip Following Exclusion from S&P 500 Rebalance
Robinhood shares fell over 3% in premarket trading after being excluded from the S&P 500 Index rebalance, despite speculation of inclusion. The stock had previously rallied, doubling its value in 2025 amid a broader market recovery. The S&P 500 rebalance typically prompts significant trading activity as passive funds adjust their holdings, underlining the importance of…