By Maria Armental 
 

Verisk Analytics Inc. (VRSK) will join the S&P 500 after the close of trading on Oct. 7, S&P Dow Jones Indices said Wednesday.

The Jersey City, N.J., data analysis firm replaces mining equipment maker Joy Global Inc. (JOY), whose shares are down 68% this year.

Milwaukee-based Joy will move to the S&P MidCap 400, replacing Thoratec Corp. (THOR), which is being bought by St. Jude Medical Inc. (STJ)

Verisk's shares, up 15% this year, rose 4.8% to $77.47 in late trading, while Joy's shares fell 2.2% to $14.60.

 

Write to Maria Armental at maria.armental@wsj.com

 

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(END) Dow Jones Newswires

September 30, 2015 18:07 ET (22:07 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
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