Following the announcement that three companies will soon be included in the S&P 500 Index, the Index Committee also announced the inclusion of a new company. According to S&P Dow Jones Indices, Ares Management will join the benchmark index before the market opens on December 11. The move comes at a time when Mars is about to complete the $36 billion acquisition of Kellanova. Kellanova is a manufacturer of Pringles and Pop-Tarts. This news means that asset management company Ares Management will announce the inclusion of the three companies as constituent stocks of the S&P 500 index as early as the closing of trading last Friday. As part of the regular quarterly adjustments, Carvana, CRH, and Comfort Systems USA will officially join the index before opening on December 22. Shares of Ares surged 7% in Monday's after-hours trading. Having a place in the S&P 500 is a form of market recognition for constituent stocks, and in addition, it also means that funds tracking this benchmark index will have to buy its shares.
Zhitongcaijing·12/08/2025 23:49:03
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Following the announcement that three companies will soon be included in the S&P 500 Index, the Index Committee also announced the inclusion of a new company. According to S&P Dow Jones Indices, Ares Management will join the benchmark index before the market opens on December 11. The move comes at a time when Mars is about to complete the $36 billion acquisition of Kellanova. Kellanova is a manufacturer of Pringles and Pop-Tarts. This news means that asset management company Ares Management will announce the inclusion of the three companies as constituent stocks of the S&P 500 index as early as the closing of trading last Friday. As part of the regular quarterly adjustments, Carvana, CRH, and Comfort Systems USA will officially join the index before opening on December 22. Shares of Ares surged 7% in Monday's after-hours trading. Having a place in the S&P 500 is a form of market recognition for constituent stocks, and in addition, it also means that funds tracking this benchmark index will have to buy its shares.