Let's hear it for boring and stable...Bunge (BG)

[Cabin111]

NEW YORK, March 13, 2023 /PRNewswire/ -- Bunge Limited (NYSE: BG) will replace Signature Bank (NASD: SBNY) in the S&P 500 effective prior to the opening of trading on Wednesday, March 15.

Bunge up over 14% today...

 

[MACD]

NEW YORK, March 13, 2023 /PRNewswire/ -- Bunge Limited (NYSE: BG) will replace Signature Bank (NASD: SBNY) in the S&P 500 effective prior to the opening of trading on Wednesday, March 15.

Bunge up over 14% today...

Pays to be be a "stable bank"

 

[SunTrader]

Pays to be be a "stable bank"

Guess you put quotes around because you know it is a agri-business, right?

 

[Option_Attack]

NEW YORK, March 13, 2023 /PRNewswire/ -- Bunge Limited (NYSE: BG) will replace Signature Bank (NASD: SBNY) in the S&P 500 effective prior to the opening of trading on Wednesday, March 15.

Bunge up over 14% today...

Nice move but the valuation is starting to look stretched. It could spring back again soon...

 

[SunTrader]

Nice move but the valuation is starting to look stretched. It could spring back again soon...

Not likely very much. Funds have to own it.

 

[maxinger]

Are Credit Suisse and any of the Index?

Will it also be removed from the index?