Here's Why Stocks Such as CrowdStrike and KKR Jumped Today, Whereas Stocks Such as Illumina Dropped
Some investors get really worked up about S&P 500 inclusion and exclusion. And often, there are big moves in stock price right after an announcement -- just see CrowdStrike and Illumina today. However, not all stocks move equally as evidenced by GoDaddy and Comerica today. To me, this shows that some stocks are simply more popular with stock traders. For this crowd, headlines impact how they're trading shares. But less popular names with more muted trading see little impact. Traders tend to have short time ...