Tesla bulls got another bit of good news Monday evening. Tesla is going into the S&P 500 all at once, at its full weighting, on Dec. 21. Tesla stock is up in after hours trading. Investors should expect more big moves from the stock, up and down, in coming days.
Tesla (ticker: TSLA) is the most valuable company to ever be added to the S&P 500. That creates a unique problem for the S&P 500 index funds. They have an unusually large amount of stock to purchase because of Tesla’s massive $538 billion market capitalization.
...Tesla Stock Will Be Added to S&P 500 All at Once. Expect Volatility Tomorrow. - Barron's
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