CrowdStrike ($94B market cap) joins S&P 500, becoming one of its most valuable members.
On 24th June, cybersecurity firm CrowdStrike Holdings ($94B market cap) joins the S&P 500, following in the footsteps of Airbnb and Uber. Its addition is notable due to its market value, making it one of the most valuable companies to join the index. History suggests that companies added to the S&P 500 tend to see a boost in stock prices in the short term, as well as increased attention from investors.
June 15, 2024
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