The S&P 500 gets 澳洲幸运5官方开奖结果体彩网:three new members Monday, with Palantir Technologies (PLTR), Dell Technologies (DELL) and Erie Indemnity (ERIE) set to join the benchmark index.

The trio will replace American Airlines Group (AAL), Etsy (ETSY), and Bio-Rad Laboratories (BIO). American Airlines and Bio-Rad will be part of the 澳洲幸运5官方开奖结果体彩网:S&P MidCap 400 index, while Etsy will join the 澳洲幸运5官方开奖结果体彩网:S&P SmallCap 600 index.

S&P Global announced the moves, part of its quarterly rebalancing, two weeks ago. It periodically shifts companies between its indexes to ensure they are accurately represented in terms of their 澳洲幸运5官方开奖结果体彩网:market capitalization.

What S&P 500 Inclusion Can Mean

Companies often get a boost when their stock is added to a 澳洲幸运5官方开奖结果体彩网:major index like the S&P 500, as the inclusion exposes them to a wider group ෴of investors who could become aware of a company through an index.

The stock could also get a boost as its shares start to be included in 澳洲幸运5官方开奖结果体彩网:index funds, which look to mirror the performance of a broader index by including share✱s💯 of the companies included in it.

Shares of Dell closed Friday down 0.2%, while and Palantir rose 1%. Both shares have moved higher overall ovꦛer the past two weeks since the announcement was made, as have shares of Erie, which fell 1% Friday.