On Friday, S&P Global announced that the two companies will enter the S&P 500 before markets open on September 22nd.
The news immediately lifted both stocks, with shares jumping around seven percent in extended trading.
What Inclusion Means
Being added to the S&P 500 is a milestone for any company. The index tracks 500 of the largest publicly traded firms in the United States and serves as a benchmark for the broader stock market. When a company joins, large investment funds that follow the index must buy its shares. This automatic demand often boosts stock prices, at least in the short term.
AppLovin will replace MarketAxess Holdings, while Robinhood will take the spot of Caesars Entertainment. MarketAxess shares are down 17% so far this year, and Caesars has fallen 21 percent, highlighting how index changes can reflect shifting market strength. Robinhood, best known for its role in the rise of meme stocks like AMC and GameStop, had previously missed out on earlier rebalancing rounds. Its co-founder, Vlad Tenev, even admitted in June that inclusion was difficult to plan for, though he believed the company was eligible. Now, that wait is over.
NEW: ROBINHOOD TO JOIN S&P 500 – STRATEGY MISSES OUT ON INCLUSION IN LATEST REBALANCING pic.twitter.com/yapUO5r8VW
— DEGEN NEWS (@DegenerateNews) September 5, 2025
AppLovin’s rise has been remarkable. The company, which provides advertising software for mobile apps and games, gained 278% in 2023 and more than 700% in 2024. For Robinhood, inclusion in the S&P 500 signals a kind of validation. Launched in 2013 and listed on Nasdaq in 2021, the platform has transformed how retail investors trade stocks and crypto. Its easy-to-use app has attracted millions of first-time investors. This is what the CEO of Robinhood said about this:
It’s an exciting milestone to have Robinhood join the storied S&P 500 Index. I’ll share what I told the team today — we don’t stop to celebrate, our single focus remains building exceptional products for our customers.
— Vlad Tenev (@vladtenev) September 5, 2025
More About Robinhood
Robinhood has officially added $SUI, the native token of the Sui blockchain, to its trading platform, opening the door for retail investors to buy, sell, and hold the asset alongside other major cryptocurrencies. This move reflects Robinhood’s ongoing push to expand its crypto offerings and give users access to emerging blockchain projects.
$SUI is now available to trade on Robinhood. pic.twitter.com/oEFa9v5M9R
— Robinhood EU (@RobinhoodApp_EU) August 29, 2025
With $SUI now listed, investors can participate in the growing ecosystem of decentralized applications and smart contracts built on the Sui network, while also benefiting from the convenience and user-friendly interface that Robinhood provides. The addition is expected to boost visibility and trading volume for $SUI as mainstream investors gain easier access.
Disclaimer
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