Robinhood, Strategy Plunge as They Won’t Be Included in S&P 500
The post Robinhood, Strategy Plunge as They Won’t Be Included in S&P 500 appeared on BitcoinEthereumNews.com.
Key Notes Robinhood and Strategy shares fell after missing S&P 500 inclusion. Robinhood stock is up nearly 190% in 2025 but has been snubbed twice this year. Strategy bought 3,081 BTC for $356.9M, bringing holdings to 632,457 BTC. Shares of trading platform Robinhood Markets Inc (NASDAQ: HOOD) and Bitcoin BTC $110 104 24h volatility: 1.4% Market cap: $2.19 T Vol. 24h: $52.29 B treasury giant Strategy Inc (NASDAQ: MSTR) slid in after-hours trading on Aug. 25 after the companies were passed over for inclusion in the S&P 500. The announcement from S&P Dow Jones Indices favored Interactive Brokers Group Inc (NASDAQ: IBKR), which will join the index on Aug. 28, replacing Walgreens Boots Alliance Inc (NASDAQ: WBA). Robinhood Snub Sends Shares Lower Wall Street had long anticipated Robinhood’s addition to the benchmark index, especially after its nearly 190% rally in 2025, fueled by retail enthusiasm and record-breaking stock highs. But once again, the company was overlooked, triggering a modest sell-off. Robinhood shares dropped 1.26% during Monday’s session to $107.40 and slid another 0.65% after hours. On the other hand, Interactive Brokers gained nearly 4.29% to $65.21 on Aug. 25 and is up 0.5% in the after-hours trading session. This marks the second time in recent months that Robinhood has been left out. Back in June, S&P Dow Jones announced no changes to the index, leaving HOOD out. Strategy Stumbles amid Bitcoin Drop Strategy (formerly MicroStrategy) was also a candidate for S&P 500 inclusion after its market cap rose with Bitcoin’s rise to new all-time highs. However, the company was left out, and its shares fell 4.17% to $341 on Monday, followed by another 0.09% decline in after-hours trading. Bitcoin also slipped below $110,000, dropping as low as $108,000. Analysts expect the leading digital asset to soar in the fourth quarter…