Bloom Energy, Illumina, and Everpure set to join S&P 500 in quarterly rebalance

Shares of Bloom Energy, Illumina, and Everpure surged after it was announced that the three companies will join the S&P 500 index in a quarterly rebalance. The reshuffling, announced by S&P Dow Jones Indices, aims to keep the index constituents representative of their market capitalization tiers. Bloom Energy led the advance with a 7.5% jump, while Illumina climbed 2% and Everpure added 2.2%.

The trio will replace Molson Coors Beverage Co., The Trade Desk Inc., and Builders FirstSource Inc., which will move to the S&P SmallCap 600.

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