Friday, March 24, 2006

Google to Replace Burlington on S&P 500

Google to Replace Burlington Resources on S&P 500 After Trading Close on March 31!

This is great news for all Google investors as mentioned earlier, since more fund managers will need to buy into the stock, because they benchmark their fund against S&P 500. This will have a positive impact on Google's share price.

And this is exactly what happened in after hours trading. Google surged 31,61 to 373,50 a jump on 9,25%!

No comments: