Robinhood (HOOD) -7.5% & AppLovin (APP) -10% CRASH after S&P 500 snub!
KKR added (+3.5%) as Robert Half exits index.
Selloff shows $15 trillion passive funds' market-moving power. Analysts cite profitability concerns behind exclusion despite market cap eligibility.

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#Stocks #SP500 #Robinhood #AppLovin $HAO