GDDY — S&P 500 index addition

GoDaddy (GDDY) entered the S&P 500 at the close on Jun 24, 2024, replacing Illumina (moved to MidCap 400). The recorded announcement came 17 calendar days before the effective close, on Jun 7, 2024. The company is classified in Information Technology in this dataset.

In the 30 calendar days leading into the effective close, GDDY moved +16.0%. The median 30-day run-up among the 25 S&P 500 entries with a recorded announcement and prices for that interval was +16.9%; this stock was 0.9 percentage points below that median. Measured from the effective close, GDDY returned 1W: +0.7% versus +0.3% for the 28-entry index median; 1M: +2.1% versus +2.2% for the 28-entry index median; 3M: +10.3% versus +5.2% for the 28-entry index median; 1Y: +20.7% versus +11.6% for the 24-entry index median. These figures do not measure movement from the announcement price.

At 1M, it ranks 15th of 28 measured S&P 500 additions and beat the benchmark by 0.6 percentage points. At 3M, it ranks 10th of 28 measured S&P 500 additions and beat the benchmark by 4.9 percentage points. At 1Y, it ranks 8th of 24 measured S&P 500 additions and beat the benchmark by 7.6 percentage points. The other 7 Information Technology additions with a measured 1M return averaged -3.6%. This is historical context, not a projection.