S&P Dow Jones Indices announced after Tuesday's market close several changes to its S&P MidCap 400 and S&P SmallCap 600 indices.
Snyder's-Lance Inc LNCE will replace California Resources Corp CRC in the S&P MidCap 400 index due to its low stock price and market capitalization. Trex Company, Inc. TREX will replace Snyder's-Lance in the S&P SmallCap 600. The changes are expected to be finalized at the end of trading on Wednesday.
In addition, AMAG Pharmaceuticals, Inc. AMAG will replace Diamond Foods, Inc. (NASDAQ; DMND) in the S&P SmallCap 600 as Snyder's-Lance acquisition of Diamond Foods is expected to be completed in the coming days. The changes are expected to be finalized at the end of trading on Monday, February 29.
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