Catenaa, Wednesday, September 10, 2025- Online brokerage Robinhood Markets will join the S&P 500 index on Sept. 22, marking a milestone after years of volatility and losses.
The inclusion comes alongside mobile technology platform AppLovin and construction firm Emcor Group.
Robinhood’s stock has surged in 2025, tripling to over $100 per share, following a rebound in 2024 when the company reported $1.56 per share in profit after a 2023 loss of 61 cents.
Analysts project 2025 earnings of $1.64 per share. Experts attribute the turnaround to increased cryptocurrency trading amid a regulatory environment seen as more favorable under President Donald Trump.
Earlier this year, the SEC closed an investigation into Robinhood, declining enforcement action over allegations related to unregistered crypto assets.
The brokerage, which launched in 2021 and initially struggled with its IPO, was previously known for its role in the 2021 “meme stock” frenzy involving GameStop and AMC Entertainment.
The company briefly restricted trading on heavily targeted stocks, sparking a high-profile clash between retail and institutional investors.
Robinhood’s S&P 500 entry positions the company for increased visibility among passive investors and index funds, potentially unlocking billions in new capital. AppLovin and Emcor Group will also benefit from index inclusion, with shares of Robinhood rising 15.8% and AppLovin jumping 11.6% in early trading.
Market watchers see these additions as part of a broader trend of tech and digital-focused firms gaining influence in benchmark indices.
