Apollo Global Management Inc. and Workday Inc. will be joining the S&P 500 index in the upcoming quarterly rebalancing.
This is a significant achievement for both companies, as they will now be part of the prestigious index alongside Blackstone Inc.
Qorvo Inc. and Amentum Holdings Inc. will be replaced by Apollo and Workday in the index. The changes are set to take effect on December 23, according to S&P Dow Jones Indices.