This one was out of left field. After being replaced by Cisco (CSCO) in the Dow, bankrupt automaker GM is being replaced by Devry (DV) in the S&P 500. Speculation had honed in on First Solar as a likely candidate. Alas, the solar maker will have to wait a little longer. In terms of capturing the zeitgeist, a private education company (they’ve been strong performers throughout the crisis) is a pretty good call.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.