Jun. 25 at 10:50 AM
$GOOGL Active traders began buying shares immediately after the June 23 announcement by S&P Dow Jones Indices that Alphabet will replace Verizon in the Dow to better reflect the technology sector. However, the largest wave of mandatory buying by passive index funds will occur during the final minutes of trading on Friday, June 26. Finally, any residual trades and portfolio balancing will be completed as the market opens on Monday, June 29, when Alphabet's inclusion in the index officially takes effect.