AppLovin and Robinhood added to S&P 500

1. AppLovin will join the S&P 500 effective Sept. 22, boosting visibility. 2. Inclusion typically leads to stock price increases due to fund manager buying. 3. AppLovin replaces MarketAxess Holdings, enhancing its growth trajectory. 4. Short-seller concerns had previously aimed to keep AppLovin out of the index. 5. Both AppLovin and Robinhood went public in 2021, now gaining index recognition.