Facebook to join the S&P 100 and S&P 500 indices on December 20

Facebook to join the S&P 100 and S&P 500 indices on December 20

Facebook’s stock will be added to the S&P 100 and S&P 500 indices at the end of the day on December 20, as noted by the BBC. The firm will replace The Williams Companies in the S&P 100 and Teradyne in the S&P 500.

The move had been expected for some time, especially as Facebook’s growth caused it to pass up several other S&P members in terms of market value.

So. Much. Tech.

Some of the biggest names in tech are coming to TNW Conference in Amsterdam this May.

Other tech giants that are part of the S&P 100, which acts as a subset of the larger 500-member index, include: Apple, Google, Microsoft, eBay, Intel, HP, Cisco, Qualcomm and Amazon.

➤ Facebook to join S&P 500 index [BBC]

Thumbnail credit: EMMANUEL DUNAND/AFP/Getty Images

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