William Blair research analyst Ralph Schackart was featured in Marketwatch’s coverage of Uber landing its long-sought-after placement in the S&P 500.
“Moreover, an addition to the S&P 500 can be a significant driver for a stock as it means that funds that passively track the S&P 500 will have to allocate funds toward Uber,” according to Schackart’s note to investors that was cited in the article.