Stock Movers Robinhood and AppLovin Gain; Loandepot Soars; Oracle Upgrade
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Sep 8, 2025 Robinhood and AppLovin are making waves as they're set to join the S&P 500, boosting their stocks significantly. MicroStrategy, on the other hand, missed the cut despite hopes tied to Bitcoin's rise. LoanDepot is soaring thanks to favorable housing market insights and easing interest rates, marking its highest point since November. Meanwhile, Oracle's stock is climbing as major firms raise its price targets, signaling positive outlooks. Stay tuned for these market movements and what they mean for investors!
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Robinhood Joins The S&P 500
- Robinhood will join the S&P 500 on Sept. 22, which should draw passive investment inflows.
- Bloomberg says the inclusion underscores Robinhood's profit progress toward incumbent brokers.
AppLovin Also Added To The Index
- AppLovin will also be added to the S&P 500 and has doubled since its April low.
- The S&P inclusion has lifted AppLovin another 7.5% in pre-market trading.
MicroStrategy Snubbed By Index Committee
- MicroStrategy (Strategy) was snubbed and shares fell about 2% in pre-market trade.
- The committee's discretionary decision dashed hopes of adding a crypto-related presence to the index this time.