BUZZ-Dell, Palantir jump on S&P 500 inclusion

Reuters09-09

** Shares of PC maker Dell Technologies rise ~6% to $108.25 premarket, while data analytics firm Palantir Technologies jumps ~7% to $32.42

** S&P Dow Jones Indices on Friday said DELL, PLTR to join the benchmark S&P 500 index, along with casualty insurer Erie Indemnity

** Cos will join before the market opens on Sept. 23

** DELL, PLTR and ERIE to replace American Airlines , online marketplace Etsy and diagnostics company Bio-Rad Laboratories

** AAL and ETSY down marginally before the bell

** Through last close, DELL has gained ~33% YTD, while PLTR has surged ~77% and ERIE is up ~51%

(Reporting by Deborah Sophia in Bengaluru)

((DeborahMary.Sophia@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment