Apollo Global Management and Workday will join the benchmark S&P 500 later this month, S&P Dow Jones Indexes said Friday.
Apollo Global Management (APO) and Workday (WDAY) will replace Qorvo (QRVO) and Amentum (AMTM), respectively. The changes will take effect before the open on Monday, Dec. 23.
Amentum was added in October, taking the spot of Bath & Body Works (BBWI).
Friday’s news follows the November addition of Texas Pacific Land (TPL) to the index, replacing Marathon Oil (MRO).
Qorvo and Amentum will move to the S&P SmallCap 600.
The S&P 500 is up 28% this year through Friday’s close.
