Lululemon Athletica (LULU) To Join S&P 500 Index

https://www.msn.com/en-us/money/markets/lululemon-athletica-to-join-s-p-500-index-lulu-stock-flashes-buy-signal/ar-AA1ibshT

Lululemon Athletica will join the S&P 500 index before the open on Wednesday, Oct. 18. LULU stock rose solidly late Friday after S&P Dow Jones Indices made the announcement. Lululemon will replace Activision Blizzard in the S&P 500. Microsoft closed its $69 billion takeover of Activision on Friday after a lengthy regulatory fight. LULU stock jumped 4.85% in after-hours trading, signaling a move above the 50-day moving average.