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Keurig Dr Pepper Inc. Jumps 8% on S&P 500 Addition
2022.06.06 14:36
Keurig Dr Pepper Inc. (KDP) Jumps 8% on S&P 500 Addition
Keurig Dr Pepper Inc. (NASDAQ:KDP) is gaining 7.9% in pre-open trading Monday after being added to the S&P 500.
On Friday, S&P Dow Jones Indices announced that Keurig Dr Pepper would replace Under Armour Inc. (NYSE:UA) in the index.
The change will be effective prior to the open of trading on Tuesday, June 21, (post close on Friday, June 17) to coincide with the quarterly rebalance.
S&P said the charges are being made to ensure each index is more representative of its market capitalization range.
