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Market Impact: 0.45

Vertiv Stock Jumps 8% After S&P 500 Inclusion

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Vertiv will be added to the S&P 500 effective before market open on March 23 per S&P Dow Jones Indices, and shares traded higher Monday, reaching a new 52-week high. The index inclusion as part of the quarterly rebalance is likely to drive demand from S&P 500 tracking funds and passive flows, supporting near-term upside for the stock.

Analysis

Vertiv will be added to the S&P 500 effective before market open on March 23 per S&P Dow Jones Indices, and shares traded higher Monday, reaching a new 52-week high. The index inclusion as part of the quarterly rebalance is likely to drive demand from S&P 500 tracking funds and passive flows, supporting near-term upside for the stock.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.35

Ticker Sentiment

VRT0.45