Rosetta Resources Jumps 7%; Company Will Be Added to S&P MidCap 400
Shares of Rosetta Resources (NASDAQ: ROSE) are surging on Tuesday amid higher oil prices and news that it will be added to the S&P MidCap 400 index after the close of trading on Thursday. Rosetta will replace Catalyst Health Solutions (NASDAQ: CHSI). At last check, the stock was trading up around 7% to $38.87. Volume has been heavy with more than 2.2 million ROSE shares trading hands compared to a 3-month daily average of under 1 million.
Rosetta Resources Inc. (Rosetta) is an independent exploration and production company engaged in the acquisition and development of onshore energy resources in the United States of America.
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