Dear CRWD Stock Fans, Mark Your Calendars for June 21

Crowdstrike (NASDAQ:CRWD) will enter the S&P 500 on June 21 after the index is rebalanced. The cybersecurity company is entering the index alongside KKR (NYSE:KKR) and GoDaddy (NYSE:GDDY) as part of the quarterly update. Shuffling the Deck When the S&P adds companies to a bigger index, funds tied to the index buy the stock. When a stock is taken down from an index, however, investors sell shares. Crowdstrike is replacing the Dallas-based banking company Comerica (NYSE:CMA) on the index. Crowdstrike has been ...