EPAM will be included in the S&P 500 index
On December 14, EPAM will be included in the S&P 500 index, which includes the 500 largest publicly traded corporations.
The IT company will replace Kansas City Southern in the index, which was acquired by Canadian Pacific Railway Limited.
The S&P 500 is a stock index, the basket of which includes shares of 500 selected public companies traded on US stock exchanges with the largest capitalization. The index has been maintained by S&P since March 1957.
The market value of EPAM is around $33 billion, the company has risen in price by $15 billion over the year: in November, EPAM ranked 25th in the top 100 fastest growing companies.
EPAM became the first company associated with Belarus to enter the New York Stock Exchange. The company's capitalization now exceeds $ 30 billion.
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Photo: minsknews.by
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