Uber, Jabil and Builders FirstSource Set to Join S&P 500
- Sealed Air, Alaska Air and SolarEdge to be removed from gauge
- Shifts to take place prior to market open on Dec. 18
Shares of Uber were up 7.3% in after-hours trading. They’ve gained 132% this year.
Photographer: Patricia Monteiro/BloombergThis article is for subscribers only.
Uber Technologies Inc. has been added to the S&P 500 Index, after reporting two straight quarters of operating profits that have fueled a big rally in the ride-sharing company this year. Jabil Inc. and Builders FirstSource Inc. are set to join too.
San Francisco-based Uber and the latter two companies will replace Sealed Air Corp., Alaska Air Group Inc. and SolarEdge Technologies Inc. in the S&P 500, respectively. The new additions will join the index prior to the market opening on Dec. 18, S&P Dow Jones Indices said in a press release late Friday.