Lululemon Athletica Inc. (LULULU) rose more than 5% in after hours trading on Friday, and S&P Dow Jones Indices announced that the stock will join the S&P 500 index next week.
This index provider stated that Lululemon's stock will replace video game company Activision Blizzard Inc. These changes will take effect before the stock market opens next Wednesday.
Microsoft Corp.'s $69 billion acquisition of Activision Blizzard was completed on Friday after clearing many regulatory obstacles.
The S&P Dow Jones Index also said that the electrical company Hubbell
Lululemon Athletica Inc. (LULULU) rose more than 5% in after hours trading on Friday, and S&P Dow Jones Indices announced that the stock will join the S&P 500 index next week.
This index provider stated that Lululemon's stock will replace video game company Activision Blizzard Inc. These changes will take effect before the stock market opens next Wednesday.
Microsoft Corp.'s $69 billion acquisition of Activision Blizzard was completed on Friday after clearing many regulatory obstacles.
The S&P Dow Jones Index also said that electrical company Hubbell Inc. (HUBB) will replace healthcare company Organon& Co. (OGN) has become a component of the S&P 500 index. Organon will switch to the S&P Small Cap 600 Index.