Blackstone (BX), Airbnb (ABNB) to Join S&P 500

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Airbnb (ABNB) jumps 7% on S&P 500 nod

September 5, 2023 9:36 AM EDT

Airbnb (NASDAQ: ABNB) gains 7.2% off the open after the company was selected to join the S&P 500, replacing Newell Brands Inc. (NASDAQ: NWL).

Airbnb's addition to the S&P 500 will effective prior to the open of trading on Monday, September 18, to coincide with the quarterly rebalance.

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Blackstone (BX) S&P 500 Index Add a 'Major Milestone' - Morgan Stanley

September 5, 2023 9:32 AM EDT

Morgan Stanley analyst Michael Cyprys reiterated an Overweight rating and $125.00 price target on The Blackstone Group (NYSE: BX) after the stock was added to the S&P 500 index. The analyst called it a 'major milestone'.

BX will be added to the S&P 500... More