Welcome to Extreme Investor Network, where we bring you the latest updates on companies making headlines in premarket trading. Today, we have some exciting news about KKR, CrowdStrike, GoDaddy, and more.
Shares of KKR have surged more than 8%, while CrowdStrike and GoDaddy have also seen gains of 6% and 3%, respectively. What’s even more interesting is that all three companies will be joining the S&P 500 on June 24 as part of the index’s quarterly rebalance. This is definitely big news for investors looking to diversify their portfolios.
On the flip side, we also have some stocks leaving the index, such as Robert Half, Comerica, and Illumina. These stocks were all lower in premarket trading, so it might be a good time to reevaluate your investments in these companies.
In other news, stocks like Dell Technologies and Palantir Technologies have seen slight declines, with investors expressing disappointment that they weren’t added to the index. However, there are still plenty of opportunities in the market, such as DraftKings, which saw a 1.8% increase after receiving an overweight rating from Morgan Stanley.
Meanwhile, Southwest Airlines has caught the attention of activist investor Elliott Investment Management, causing the airline stock to rise over 8%. And JPMorgan has named Carvana as a top pick, citing its strong execution in sourcing a broad array of vehicles at varied prices.
Last but not least, ReNew Energy Global and Planet Fitness are also making waves in the market. ReNew Energy Global saw a 7% surge after receiving a price target raise from Morgan Stanley, while Planet Fitness gained 4% following an upgrade from Jefferies.
Stay tuned to Extreme Investor Network for more updates on the latest market trends and investment opportunities. Don’t miss out on the chance to enhance your financial portfolio with up-to-date information and expert analysis.