Trade Desk will join the S&P 500 index before the open on Friday, July 18, with the digital advertising play replacing Ansys. Fellow S&P 500 stock Synopsys will close its acquisition of Ansys on Thursday. Trade Desk stock jumped late Monday.
S&P Dow Jones Indices passed up Robinhood, as well as other possible entrants such as AppLovin, Carvana, Interactive Brokers and Vertiv. Robinhood stock was snubbed during the quarterly index rebalancing last month, with no changes made to the S&P 500 index for the first time since March 2022.
Trade Desk stock shot up 14% in overnight action, signaling a move back toward the 200-day moving average.
Robinhood stock edged lower early Tuesday. HOOD stock climbed 1.65% on Monday, hitting a record high. The trading app is up 168.3% so far in 2025.
AppLovin stock sank 2% in extended action. Shares jumped 6.2% on Monday, closing just shy of its 50-day moving average.
Carvana stock lost a fraction. CVNA gained 1.1% on Monday, near record highs.
Interactive Brokers stock was fractionally higher before the open. Shares climbed 1.7% on Monday, hitting a record high. Interactive Brokers earnings are due Thursday.
Vertiv stock climbed 1.8%, rising with AI plays as Nvidia said it will be allowed to resume H20 chip sales to China. Shares rose 1.15% on Monday, building the right side of a base.
Please follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.
