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Volatile Tesla’s entry into the S&P 500 may not be a quiet ride for the stock market

December 11, 2020

Via: CNBC

Tesla’s entry into the S&P 500 could be anything but a quiet ride, and it is likely to put downward pressure on other stocks in the index temporarily.

Already, investors are gaming how its entry could impact the S&P 500, adding volatility and forcing the sale of other names in the index, as investors and funds that have to own the full index make room for Tesla.

Read More on CNBC