Robinhood (HOOD) Unexpectedly Included in S&P 500, Strategy (MSTR) Misses Out

BlockBeats News, September 6th, Michael Saylor's Strategy (MSTR) on Friday failed to be included in the S&P 500 Index, despite the company announcing strong quarterly earnings and meeting all the inclusion criteria. As a result, MSTR fell 3% after hours, erasing intraday gains.

Robinhood (HOOD) was unexpectedly added to the S&P 500 Index, causing its stock price to rise 7% after the close. This adjustment will take effect on September 22nd.