Match Group Is About to Join the S&P 500. Two Traders Weigh in on What's Next for the Stock - NewsBreak
By Lawce in Business
Updated 3 years ago
Meet the soon to be newest member of the S&P 500. Match Group, the dating app stock, is set to join the large-cap benchmark index on Sept. 20, replacing Perrigo Co. Inclusion in the S&P is often a boon for stocks, which then benefit from passive investing in various funds aligned with the index.