Uber Technologies to join S&P 500, Jabil Inc and Builders FirstSource Inc also added

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2nd December 2023 – (New York) Uber Technologies, the popular ride-hailing service, is set to become a part of the S&P 500 index starting from the opening of trading on 18th December. This announcement was made by S&P Dow Jones Indices on Friday, along with the inclusion of Jabil Inc and Builders FirstSource Inc as constituents of the S&P MidCap 400 index.

The addition of these stocks to the S&P 500 will result in the removal of Sealed Air Corp, Alaska Air Group Inc, and SolarEdge Technologies Inc from the benchmark index. The changes will take effect from Monday, as the newly added companies find their place in the S&P MidCap 400 index.