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Blackstone and Airbnb set to join S&P 500; shares climb
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investing.com(Reuters) — Shares of Blackstone (NYSE:BX) and Airbnb rallied in extended trade on Friday after S&P Dow Jones Indices said the two companies would join the S&P 500 index.
Blackstone was up 4.1%, while Airbnb jumped 5% after S&P Dow Jones Indices said the companies would replace Lincoln National Corp (NYSE:LNC) and Newell Brands Inc before the start of trading on Sept. 18.
Lincoln National dipped 0.7% and Newell Brands was last unchanged.
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