Marvell, Flex Join S&P 500 on June 22, 2026

S&P Dow Jones Indices announced on June 5 that Marvell Technology and Flex Ltd. will join the S&P 500 effective June 22, 2026, prior to market open. Pool Corporation and Campbell Soup Company will be removed. The changes coincide with the quarterly rebalance and ensure each index reflects its market capitalization range. These moves signal continued strength in technology stocks and shifts in consumer discretionary and staples sectors.

Two Tech Stocks Move Up to S&P 500

Marvell Technology and Flex Ltd. will be added to the S&P 500 on June 22, 2026. Both companies are classified in the Information Technology sector. Marvell designs and develops integrated circuits for data centers and storage. Flex provides design, engineering, and manufacturing services across multiple industries. The additions reflect the growing market capitalization of these technology companies relative to the S&P 500 benchmark.

Consumer Stocks Exit the Benchmark Index

Pool Corporation and Campbell Soup Company will be removed from the S&P 500 on the same date. Pool Corp, a consumer discretionary distributor of swimming pool supplies, has seen its market position shift. Campbell Soup, a consumer staples packaged foods company, will also exit. S&P Dow Jones Indices stated that removed companies no longer represent their respective market capitalization ranges within the index.

Broader Index Rebalance Across Three Benchmarks

Beyond the S&P 500 changes, S&P Dow Jones Indices also announced moves for the S&P MidCap 400 and S&P SmallCap 600 indices. Flex will move from the MidCap 400 to the S&P 500, while Roku joins the MidCap 400. Coeur Mining, Semtech, and Sanmina also join the MidCap 400. The rebalance ensures each index remains representative of its market capitalization segment.

What This Means for Investors

Index inclusion typically increases demand for a stock’s shares from passive investors tracking the S&P 500. Marvell trades at $263.47 USD with a B+ grade from Meyka, suggesting neutral positioning. Flex trades at $151.92 USD with a B+ grade. Removed stocks may face selling pressure from index funds. Investors should monitor these changes ahead of the June 22 effective date, as trading volumes and prices may shift around the rebalance.

Final Thoughts

Marvell and Flex’s addition to the S&P 500 reflects the tech sector’s growing weight in the index. With Meyka rating both stocks B+, investors should watch for trading activity around the June 22 rebalance date.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.