The S&P 500 constituents remain unchanged, and the market favorite Robinhood unexpectedly did not make the cut
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S&P Dow Jones Indices announced that the constituents of the S&P 500 Index remain unchanged in the latest quarterly adjustment. Market favorite Robinhood Markets unexpectedly failed to be included, despite analysts predicting it as a strong candidate. Robinhood's stock price rose about 13% this week, but fell 5% in after-hours trading following the exclusion. According to regulations, companies must meet standards such as market capitalization and profitability to enter the S&P 500 Index
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