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...By comparison, the three companies that were admitted to the S&P 500 in a September reshuffle when Tesla missed out — Etsy, Teradyne and Catalent — are worth only a combined $50bn....
...The three companies joining the index are Etsy, the arts and crafts marketplace, Teradyne, a manufacturer of testing equipment, and Catalent, a pharmaceutical company....
...A version of this article was first published by Nikkei Asia on May 5 2021. ©2021 Nikkei Inc....
...According to profiles on social networking sites, Mr Devine joined Apple in 2005 and had worked as a product manager at Teradyne, the US electronics testing company....
...Teradyne, which supplies automatic test equipment, lost 4.9 per cent to $8.80 following initial gains sparked by a raising of its third-quarter outlook....
...The Philadelphia Semiconductor index, which had buckled under Intel’s pressure, also recovered to close virtually unchanged, with Teradyne’s 2.6 per cent advance to $14.29....
...Leading laggards included Texas Instruments, down 0.9 per cent to $19.54, Teradyne, off 2.9 per cent to $12.87, and Applied Micro Circuits, down 2.1 per cent to $3.35....
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