By WSJ Staff
CRH $(CRH)$, Carvana (CVNA) and Comfort Systems USA $(FIX)$: The three companies will join the S&P 500 as part of the index's quarterly rebalancing, S&P Dow Jones Indices said late Friday. The change will take effect before the market opens on Dec. 22. Shares rallied in offhours trading.
Pinterest (PINS), Booz Allen Hamilton $(BAH)$: The companies will join the S&P MidCap 400. Struggling Under Armour (UA, UAA) will be deleted from that index and move to the S&P SmallCap 600, which Hawaiian Electric Industries $(HE)$ is also set to join.
Netflix $(NFLX)$: President Trump said Sunday that Netflix's $72 billion deal to acquire Warner Bros. $(WBD)$ "could be a problem," signaling possible government resistance to the sale. Netflix shares rose in premarket trading, on track to pare some of Friday's losses.
Meta Platforms (META): The Facebook parent bought AI device maker Limitless as Meta shifts its focus away from the "metaverse" toward wearable tech.
Confluent $(CFLT)$: Tech stalwart IBM $(IBM)$ is in advanced talks to buy the data-infrastructure company for around $11 billion, The Wall Street Journal reported. Confluent shares rocketed by around one-third premarket.
Worthington Steel (WS): German company Kloeckner (XE:KCO) said it was in talks to acquire the U.S. metals processor in a potential voluntary public takeover. Kloeckner shares jumped by one-fifth.
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(END) Dow Jones Newswires
December 08, 2025 04:38 ET (09:38 GMT)
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