Carvana Rises on S&P Inclusion, Pepsi Plans Layoffs, Netflix Slides
On this episode of Stock Movers: - Carvana (CVNA) CRH and Comfort Systems USA were selected for inclusion to the S&P 500. The companies will join the benchmark in a quarterly rebalance at the end of December, S&P Dow Jones Indices said Friday. The trio will replace LKQ Corp., Solstice Advanced Materials Inc. and Mohawk Industries Inc. prior to the start of trading on Dec. 22. Shares of the used car-retailer Carvana hit an all time high in trading on Monday. - Pepsi (PEP) announced a series of operational changes backed by activist investor Elliott Investment Management on Monday, including a…
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