Everpure to Join S&P 500 on September 21
Everpure (P) is set to join the S&P 500 index on September 21, replacing Molson Coors Beverage (TAP), The Trade Desk (TTD), and Builders FirstSource (BLDR). This inclusion follows a market cap of $33 billion and strong financial performance. Everpure will be added alongside Bloom Energy (BE) and Illumina (ILLU). Joining the S&P 500 typically leads to increased demand as passive funds adjust their holdings, potentially creating short-term buying pressure on the stock price. The move from mid-cap to large-cap status reflects significant growth for Everpure over the past decade. In fiscal Q2 of 2027, Everpure reported a 38% year-over-year revenue increase and raised its full-year guidance significantly. International sales rose by 75%, reaching $498 million, which accounted for 42% of total revenue.
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