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Strategy excluded from the S&P 500 Index

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On November 25, according to a report by Morningstar, Sandisk beat Strategy Company, surprising some investors with its inclusion in the S&P 500 index. S&P Dow Jones Indices announced on Monday evening that Sandisk Corp. will join the S&P 500 index on Friday. Following the announcement, Sandisk (stock code SNDK) rose over 7% in after-hours trading. The company, which produces computer storage devices, will be moved from the S&P SmallCap 600 Index (SML) to the S&P 500 Index (SPX), replacing the position of advertising and marketing company Interpublic Group of Companies Inc. (IPG).

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