S&P 500 Adds Hologic, Centene as Ensco Moves to MidCap 400
March 24 2016 - 6:27PM
Dow Jones News
By Josh Beckerman
Medical-equipment company Hologic Inc. (HOLX) and health insurer
Centene Corp. (CNC) will join the S&P 500, while drilling
services company Ensco PLC (ESV) will move from that index to the
MidCap 400.
The changes will take place after the close of trading on March
29, according to S&P Dow Jones Indices.
Another S&P 500 spot opened with Exelon Corp.'s (EXC)
purchase this week of fellow component Pepco Holdings Inc.
Inclusion in the S&P 500 often helps stock prices as
index-tracking funds buy shares.
Hologic was up 2% to $35.04 and Centene rose 1.5% to $64.71 in
recent after-hours trading. Earlier Thursday, Centene completed its
purchase of Health Net Inc. The cash-and-stock deal was initially
valued at about $6.3 billion.
Ensco was down five cents to $10.55.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
March 24, 2016 18:12 ET (22:12 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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