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DASH
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165 days

DoorDash, Williams-Sonoma, and TKO Stock Get Added to the S&P 500 - Barron's

1. DoorDash added to S&P 500, effective March 24. 2. DASH shares rose 7% in after-hours trading post-announcement. 3. Stocks added to S&P 500 typically gain 7% before inclusion. 4. Stocks see average sell-off of 1.3% post-inclusion. 5. Barclays predicts potential volatility following index addition.

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FAQ

Why Bullish?

DASH's inclusion usually attracts institutional investment, enhancing liquidity. Historical patterns show initial price increases for S&P 500 additions.

How important is it?

The article directly discusses DASH's inclusion in the S&P 500, influencing investor behavior significantly.

Why Short Term?

Price spikes are typically observed immediately post-announcement, with sell-offs afterward. Historical examples indicate short-term volatility following such changes.

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