Two retail favorite stocks just got added to the S&P 500

The S&P 500 has new company… or companies, rather. S&P Global announced Friday that adtech company Applovin and fintech goliath Robinhood will be added to the S&P 500.

The two firms will replace MarketAxess Holdings MKTX and Caesars Entertainment CZR in the index. The changes will take effect on Sept. 22.

This story is breaking news and more information will be added shortly.