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DoorDash, TKO Group Holdings, Williams-Sonoma and Expand Energy Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

1. ServiceNow (NOW) added to S&P 100 effective March 24, 2025. 2. The addition enhances NOW’s visibility and market capitalization. 3. Companies aim to represent their respective market cap ranges. 4. Changes reflect quarterly rebalance by S&P Dow Jones Indices. 5. Other deletions include Dow (DOW) and Kraft Heinz (KHC).

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FAQ

Why Very Bullish?

ServiceNow's inclusion in the S&P 100 boosts its stature as a leading mega-cap stock. Historical data shows that S&P additions often lead to positive stock performance due to increased institutional investment.

How important is it?

The addition to the S&P 100 elevates NOW’s profile and expected market attention, which is crucial for its future growth. This event is likely to attract more institutional investors and signals confidence in the company's growth trajectory.

Why Short Term?

The price impact is expected to materialize around the effective date as investors position themselves ahead of the changes. Previous S&P adjustments have usually resulted in price appreciation shortly after announcements.

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NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector March 24,2025 S&P 100 Addition Palantir Technologies PLTR Information Technology March 24,2025 S&P 100 Addition Intuitive Surgical ISRG Health Care March 24,2025 S&P 100 Addition ServiceNow NOW Information Technology March 24,2025 S&P 100 Deletion Dow DOW Materials March 24, 2025 S&P 100 Deletion Kraft Heinz KHC Consumer Staples March 24, 2025 S&P 100 Deletion Ford Motor F Consumer Discretionary March 24, 2025 S&P 500 Addition DoorDash DASH Consumer Discretionary March 24, 2025 S&P 500 Addition TKO Group Holdings TKO Communication Services March 24, 2025 S&P 500 Addition Williams-Sonoma WSM Consumer Discretionary March 24, 2025 S&P 500 Addition Expand Energy EXE Energy March 24, 2025 S&P 500 Deletion Borgwarner BWA Consumer Discretionary March 24, 2025 S&P 500 Deletion Teleflex TFX Health Care March 24, 2025 S&P 500 Deletion Celanese CE Materials March 24, 2025 S&P 500 Deletion FMC FMC Materials March 24, 2025 S&P MidCap 400 Addition VF VFC Consumer Discretionary March 24, 2025 S&P MidCap 400 Addition Alaska Air Group ALK Industrials March 24, 2025 S&P MidCap 400 Addition Hims & Hers Health HIMS Health Care March 24, 2025 S&P MidCap 400 Addition Bath & Body Works BBWI Consumer Discretionary March 24, 2025 S&P MidCap 400 Addition ATI ATI Materials March 24, 2025 S&P MidCap 400 Addition EchoStar SATS Communication Services March 24, 2025 S&P MidCap 400 Deletion TKO Group Holdings TKO Communication Services March 24, 2025 S&P MidCap 400 Deletion Williams-Sonoma WSM Consumer Discretionary March 24, 2025 S&P MidCap 400 Deletion Expand Energy EXE Energy March 24, 2025 S&P MidCap 400 Deletion The Chemours Company CC Materials March 24, 2025 S&P MidCap 400 Deletion Teradata TDC Information Technology March 24, 2025 S&P MidCap 400 Deletion Neogen NEOG Health Care March 24, 2025 S&P SmallCap 600 Addition Teleflex TFX Health Care March 24, 2025 S&P SmallCap 600 Addition Celanese CE Materials March 24, 2025 S&P SmallCap 600 Addition FMC FMC Materials March 24, 2025 S&P SmallCap 600 Addition Borgwarner BWA Consumer Discretionary March 24, 2025 S&P SmallCap 600 Addition The Chemours Company CC Materials March 24, 2025 S&P SmallCap 600 Addition Teradata TDC Information Technology March 24, 2025 S&P SmallCap 600 Addition Neogen NEOG Health Care March 24, 2025 S&P SmallCap 600 Addition Ryman Hospitality Properties RHP Real Estate March 24, 2025 S&P SmallCap 600 Addition Element Solutions ESI Materials March 24, 2025 S&P SmallCap 600 Addition Freshpet FRPT Consumer Staples March 24, 2025 S&P SmallCap 600 Addition WillScot Holdings WSC Industrials March 24, 2025 S&P SmallCap 600 Addition Mueller Water Products MWA Industrials March 24, 2025 S&P SmallCap 600 Addition Kratos Defense & Security Solutions KTOS Industrials March 24, 2025 S&P SmallCap 600 Addition CleanSpark CLSK Information Technology March 24, 2025 S&P SmallCap 600 Deletion VF VFC Consumer Discretionary March 24, 2025 S&P SmallCap 600 Deletion Alaska Air Group ALK Industrials March 24, 2025 S&P SmallCap 600 Deletion Hims & Hers Health HIMS Health Care March 24, 2025 S&P SmallCap 600 Deletion Ambac Financial Group AMBC Financials March 24, 2025 S&P SmallCap 600 Deletion Bath & Body Works BBWI Consumer Discretionary March 24, 2025 S&P SmallCap 600 Deletion ATI ATI Materials March 24, 2025 S&P SmallCap 600 Deletion EchoStar SATS Communication Services March 24, 2025 S&P SmallCap 600 Deletion Wabash National WNC Industrials March 24, 2025 S&P SmallCap 600 Deletion Green Dot GDOT Financials March 24, 2025 S&P SmallCap 600 Deletion Fulgent Genetics FLGT Health Care March 24, 2025 S&P SmallCap 600 Deletion Nabors Industries NBR Energy March 24, 2025 S&P SmallCap 600 Deletion Green Plains GPRE Energy March 24, 2025 S&P SmallCap 600 Deletion Mativ Holdings MATV Materials March 24, 2025 S&P SmallCap 600 Deletion Hain Celestial Group HAIN Consumer Staples For more information about S&P Dow Jones Indices, please visit www.spdji.com ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com. FOR MORE INFORMATION: S&P Dow Jones Indices[email protected] Media Inquiries[email protected] SOURCE S&P Dow Jones Indices

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