News
Significance:
6/10

Morning Minute: 📈 Robinhood Makes the S&P 500 While MicroStrategy Gets Skipped

https://decrypt.co/338419/morning-minute-%f0%9f%93%88-robinhood-makes-the-sp-500-while-microstrategy-gets-skipped

Tyler Warner, Stephen Graves

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
HOOD shares surged 7% on the news of its inclusion in the S&P 500.
Bullish
Robinhood's inclusion in the S&P 500 validates its maturing fintech model and crypto product mix.
Bearish
MSTR was left out of the S&P 500 despite meeting the criteria, and its stock has been underperforming.
Bearish
MicroStrategy was left out of the S&P 500, signaling the committee's preference for diversified operators over Bitcoin proxies.
Bullish
SOL led crypto majors with a 5% increase on the back of a major DAT announcement.