PANews reported on November 25th that, according to Morningstar, S&P Dow Jones Indices announced Monday evening that computer storage device manufacturer Sandisk Corp. will officially join the S&P 500 index on November 28th. The company will be moved from the S&P Small Cap 600 index to the S&P 500, replacing Interpublic Group of Companies Inc. (ticker symbol: IPG), a company in the advertising and marketing sector. Furthermore, Sandisk beat out Bitcoin treasury company Strategy (ticker symbol: MSTR), which recently qualified for inclusion in the S&P 500.

Strategy was also not selected in the quarterly adjustment in September 2025.