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AmextaFinance > Investing > Airbnb and Blackstone shares rise on S&P 500 inclusion, and other stocks on the move
Investing

Airbnb and Blackstone shares rise on S&P 500 inclusion, and other stocks on the move

News Room
Last updated: 2023/09/05 at 8:00 AM
By News Room
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1 Min Read
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Here are some of the most notable stock moves ahead of Tuesday’s open.

Stock gainers:

Shares of Blackstone Inc.
BX,
-1.77%
rose 4%, while shares of Airbnb Inc.
ABNB,
+0.87%
were rising 5% after S&P Dow Jones Indices announced that both names would gain inclusion into the S&P 500. The changes take effect before the start of trading Sept. 18.

American Express
AXP,
+1.03%
stock rose 1%, as RBC Capital Markets upgraded its view on the Dow industrials component to outperform from sector perform, while downgrading Synchrony Financial
SYF,
+1.18%
and Bread Financial Holdings
BFH,
+3.06%.

Stock losers:

Newell Brands Inc.‘s stock
NWL,
+1.23%
and Lincoln National Corp.‘s stock
LNC,
+2.14%
fell after-hours on Friday after S&P Dow Jones Indices said that those names would be getting the boot from the S&P 500.

Albemarle Corp. shares
ALB,
+0.78%
fell 1% after the board of Australian lithium miner Liontown Resources Ltd
LTR,
-2.46%
said it plans to support a $4.25 billion offer.

Read the full article here

News Room September 5, 2023 September 5, 2023
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