NEW YORK, Nov. 16, 2020 /PRNewswire/ -- Tesla Inc.
(NASD:TSLA) will be added to the S&P 500 effective prior to the
open of trading on Monday, December
21 to coincide with the December quarterly rebalance. Due to
the large size of the addition, S&P Dow Jones Indices is
seeking feedback through a consultation to the investment community
to determine if Tesla should be added all at once on the rebalance
effective date or in two separate tranches ending on the rebalance
effective date. Tesla will replace a S&P 500 company to be
named in a separate press release closer to the rebalance effective
date.
Following is a summary of the change that will take place prior
to the open of trading on the effective date:
Effective
Date
|
Index
Name
|
Action
|
Company
Name
|
Ticker
|
GICS
Sector
|
December 21,
2020
|
S&P
500
|
Addition
|
Tesla
|
TSLA
|
Consumer
Discretionary
|
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visit www.spdji.com
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SOURCE S&P Dow Jones Indices