Apollo Global Management and Workday will join the benchmark S&P 500 later this month, S&P Dow Jones Indexes said Friday.
Apollo Global Management (
APO
) and Workday (
WDAY
) will replace Qorvo (
QRVO
) and Amentum (
AMTM
), respectively. The changes will take effect before the open on Monday, Dec. 23.
Amentum was added in October, taking the spot of Bath & Body Works (
BBWI
).
Friday’s news follows the November addition of Texas Pacific Land (
TPL
) to the index, replacing Marathon Oil (
MRO
).
Qorvo and Amentum will move to the S&P SmallCap 600.
The S&P 500 is up 28% this year through Friday’s close.
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