Workday, Apollo rise on inclusion in S&P 500

Amentum Holdings

06/12/2024 22:58

** Shares of Workday  WDAY.O  and Apollo Global Management
 APO.N  rise, respectively, 9.2% to $291 and 6% to $188.49
aftermarket
    ** Both Apollo Global Management and Workday will replace
Qorvo  QRVO.O  and Amentum Holdings  AMTM.N  in the S&P 500
    ** The change goes into effect on Dec. 23, S&P Dow Jones
Indices said in a statement 
     ** Pleasanton, California-based Workday was founded in 2005
and went public on the NYSE in 2012; Apollo Global was publicly
listed in 2011  
    ** 28 of 39 brokerages rate WDAY "buy" or higher and 16 of
21 brokerages rate APO "buy" or higher; their median PTs are
$290 and $170 respectively
    ** YTD, WDAY down 3.6%, APO up 90.9% 

 (Reporting by Abhinav Parmar in Bengaluru)
 ((abhinav.parmar@thomsonreuters.com))