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AppLovin and Robinhood added to S&P 500

Shares of advertising technology company AppLovin and stock trading app Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global said the two will join the S&P 500 index. The changes will go into effect before the beginning of trading on Sept. 22, S&P Global announced in a statement. AppLovin will replace MarketAxess Holdings , while Robinhood will take the place of Caesars Entertainment . In March, short-seller Fuzzy Panda Research advised the committee for the la