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Stock stock falls as Robinhood defeats it with S&P 500 integration



Michael Saylor’s approach (Mstr) Namiss out By adding to the S&P 500 index on Friday, despite hoping the integration after the company Na -Post One of the strongest quarters in its history and recognized all the criteria for joining the index.

The stock of the largest corporate bitcoin The holder declined nearly 3% after market time, removing all the acquisitions of Friday. The integration will be a significant milestone for the company and for the industry as it is exposed to millions of average investors and portfolio manager in the company, which potentially acts as a bullish catalyst.

In a surprise move on Friday, Robinhood’s trading digital platform (Hood)With growing crypto ambitions, are included in the S&P 500 index, which drives a stock 7% higher after near the market. The changes will take effect on September 22.

Before Friday, only two stocks associated with crypto the index part: Crypto Exchange Coinbase (Coins) and Jack Dorsey’s block (Xyz). Robinhood will now be added to this coveted list.

Read more: The approach qualifies for the S&P 500, the decision of the integration may come on Friday



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