https://finance.yahoo.com/news/fair-isaac-co-set-join-235600740.html
"S&P MidCap 400 constituent Fair Isaac & Co Inc. (NYSE:FICO) will replace Lumen Technologies Inc. (NYSE:LUMN) in the S&P 500, and Lumen Technologies will replace Bed Bath & Beyond Inc (NASD:BBBY) in the S&P SmallCap 600. Valaris Limited (NYSE:VAL) will replace Fair Isaac & Co in the S&P MidCap 400."
Lumen has never helped anyone but themselves! Save you cr-p Yes man!
Forget ?? That’s right I will never forget how many peoples lives were ruined by them never ever helped with anyones life you are wrong !!!!!!
“ People write anything to see Lumen fail.”
It is a layoff forum after all.
Any S&P 500 funds will now have to sell. Like any dividend funds had to sell when they ki-led the divi. Look for another down week.
It's very normal for companies to move up and down the rankings.
It happened to ExxonMobil in 2021.
Why weren't you crying for them then?
What exactly are we to understand from this? Is it a downgrade for Lumen, or just a typical move in the stock markets?