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 Tesla enters the S&P 500 with 1.69% weighting in the benchmark, fifth largest

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Tesla enters the S&P 500 with 1.69% weighting in the benchmark, fifth largest Vide
PostSubject: Tesla enters the S&P 500 with 1.69% weighting in the benchmark, fifth largest   Tesla enters the S&P 500 with 1.69% weighting in the benchmark, fifth largest Icon_minitimeSun Dec 20, 2020 7:35 pm

  • Tesla will become an S&P 500 constituent officially at Monday’s open with a 1.69% weighting in the index, the fifth largest.
  • It will be the sixth biggest company in the large-cap benchmark when counting together the two share classes of Alphabet.
  • Investors, including passive fund managers and active managers that use the S&P 500 as a benchmark, rushed into Tesla shares in the final run-up, pushing the stock up nearly 6% on Friday to close at an all-time high of $695 a share.

Tesla enters the S&P 500 with 1.69% weighting in the benchmark, fifth largest 106806367-1607089945571-gettyimages-1229901929-GERMANY_MUSK

.https://www.cnbc.com/2020/12/20/tesla-enters-the-sp-500-with-1point69percent-weighting-in-the-benchmark-fifth-largest.html.
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Tesla enters the S&P 500 with 1.69% weighting in the benchmark, fifth largest

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