S&P 500 ^GSPC
4,967.23
-0.88%
Nvidia NVDA
$762.00
-10.00%
Meta META
$481.07
-4.13%
Amazon AMZN
$174.63
-2.56%
Tesla TSLA
$147.02
-1.94%
Microsoft MSFT
$399.12
-1.27%
Apple AAPL
$165.00
-1.22%
Alphabet GOOG
$155.72
-1.10%

$ABNB-3.2% joined the S&P 500 index in early September, which shot it up more than 10%. In recent days, however, it has been gradually writing off those gains. Do you think this was a good move for the S&P500? Definitely for $ABNB-3.2%, although it's hard to say whether it will keep the % it has gained.

ABNB

Airbnb

ABNB
$155.01 -$5.09 -3.18%
Capital Structure
Market Cap
101.2B
Enterpr. Val.
96.3B
Valuation
P/E
21.4
P/S
10.2
Dividends
Yield
-
Payout
-

As others have written here, if the company will qualify, why not. Of course, I would say it was a good move and we will see how the company's stock does going forward.

Super thanks

Diversification for the index is definitely fine, but I wonder how long it will qualify to be in the index.

That's what I'm curious about, too.

time will tell.

If it meets the conditions to be in the index, it belongs there.

Now it meets:)

But I think it's good that this move will help diversify the index...

Yes, it is.

The question is how long it will last in the index :)

So I hope for a long time, but it's hard to say

So far, so good :)

He's holding them pretty well so far. But if the indices go down, the stock could close the resulting gap. That would be a nice opportunity to enter the trade.

Super