- Blackstone Inc. (BX)
- Airbnb Inc. (ABNB)
Shares of Blackstone Inc. rose by 4% while shares of Airbnb Inc. increased by 5%. This positive movement comes after S&P Dow Jones Indices announced that both companies would be included in the S&P 500. The new changes will take effect before the start of trading on September 18.
American Express (AXP) stock also saw a rise of 1% as RBC Capital Markets upgraded its view on this Dow Industrials component to outperform from sector perform. However, Synchrony Financial (SYF) and Bread Financial Holdings (BFH) faced downgrades.
- Newell Brands Inc. (NWL)
- Lincoln National Corp. (LNC)
- Albemarle Corp. (ALB)
Newell Brands Inc.'s stock and Lincoln National Corp.'s stock fell after-hours on Friday following the announcement by S&P Dow Jones Indices that both companies would be removed from the S&P 500.
Additionally, Albemarle Corp. shares experienced a 1% decline after the board of Australian lithium miner Liontown Resources Ltd revealed its support for a $4.25 billion offer.