will replace Dish Network (DISH) in the S&P 500 index, S&P Dow Jones Indices announced Friday night. PANW stock jumped to a record high.
Dish Network will replace Cutera (CUTR) in the S&P SmallCap 600.
PANW stock will join the S&P 500 before the market open on June 20. It's part of a quarterly rebalancing for the S&P indexes.
Palo Alto is on IBD Leaderboard and the IBD Big…