SpaceX Shares Rise Ahead of Russell and Nasdaq Inclusions
Shares of SpaceX rose slightly ahead of its inclusion in the Russell U.S. indexes, with passive funds expected to add billions worth of shares. The company will also be added to the Nasdaq 100 on July 7, potentially drawing $4.3 billion in inflows from ETFs like Invesco QQQ.
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Topics: Nasdaq_100 passive_funds Russell_rebalance stock_movement