#SanDiskJoinsSP100

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About SanDiskJoinsSP100

S&P Dow Jones Indices said after the Sep 4 close that SanDisk joins the S&P 100 before the open on Sep 21, replacing Colgate-Palmolive. All four additions come from information technology, SanDisk and Dell among them, while the four removals span industrials, consumer discretionary, real estate and staples, including Nike. Passive index funds will rebalance. Markets are closed Sep 7 for Labor Day, so the first normal reaction comes Sep 8. SanDisk had closed up 11.9% on Sep 4, pre-news.