A close-up of the Workday logo on its headquarters in Pleasanton, California.
Smith Collection | Archive Photos | Getty Images
Human resources and finance software company Workday will join the S&P 500 index, replacing Amentum Holdings, S&P Dow Jones Indices said in a statement on Friday. Workday shares jumped 9% in extended trading after the announcement. The change goes into effect on Dec. 23.
The index has picked up a handful of other prominent technology stocks this year, including Dell and Palantir.
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