No S&P 500 Stock Changes In Quarterly Rebalance; Robinhood Is The Biggest Snub

S&P Dow Jones Indices made no changes to the S&P 500 index on Friday, snubbing Robinhood (HOOD) and AppLovin (APP). The company made no announcement but confirmed to multiple publications that there were no additions or deletions to the benchmark index. It's the first quarterly rebalance without an S&P 500 stock change since March 2022. Analysts had pegged Robinhood stock… ...