Trade Desk Set to Join S&P 500 Index
Trade Desk (TTD) is making headlines as it prepares to be added to the S&P 500 index before the market opens on Friday, July 18. This move comes as a result of the digital advertising platform replacing Ansys (ANSS), which is undergoing a takeover by fellow S&P 500 member, Synopsys (SNPS). Following this announcement, Trade Desk’s stock surged more than 10% in after-hours trading, indicating positive investor sentiment and a potential return to its 200-day moving average.
In a noteworthy turn of events, S&P Dow Jones Indices chose Trade Desk over several other contenders for inclusion, such as Robinhood (HOOD), AppLovin (APP), Carvana (CVNA), Interactive Brokers (IBKR), and Vertiv (VRT). This decision marks a significant moment for Trade Desk, particularly as it coincides with a period of static changes within the S&P 500, where no adjustments were made during the previous quarterly rebalancing for the first time since March 2022.
Robinhood experienced a slight dip in its stock value despite hitting a record high and demonstrating a remarkable 168.3% increase since the beginning of 2025. In contrast, AppLovin’s shares faced a nearly 3% decline in after-hours activity after a 6.2% uptick in regular trading, while Carvana showed a fractional loss despite recent gains approaching record levels.
Interactive Brokers saw a modest drop in late trading after its shares climbed nearly 1.7% on Monday, achieving new heights ahead of its earnings release. Meanwhile, Vertiv’s stock also trended lower, even as it maintained progress in building a strong technical base.
The market’s resilience persists as investors remain focused on these developments, highlighting a continuously evolving landscape where tech companies are making impactful transitions.
Stay tuned for stock market updates and insights as this dynamic situation unfolds.
