Coinbase Global Set to Join S&P 500
NEW YORK, May 12, 2025 /PRNewswire/ -- Coinbase Global Inc. (NASD: COIN) will replace Discover Financial Services (NYSE:DFS) in the S&P 500 effective prior to the opening of trading on Monday, May 19. S&P 500 constituent Capital One Financial Corp. (NYSE:COF) is acquiring Discover Financial Services in a deal expected to be completed soon, pending final closing conditions.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector | |
May 19, 2025 | S&P 500 | Addition | Coinbase Global | COIN | Financials | |
May 19, 2025 | S&P 500 | Deletion | Discover Financial Services | DFS | Financials | |
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