Salix to be Added to S&P MidCap 400, Agree, DXP Enterprises to be Added to SmallCap 600

Shares of Agree Realty (NYSE: ADC) are moving higher in Tuesday's after-hours session following news out of Standard & Poor's the company will be added to the S&P SmallCap 600, replacing Salix Pharma (NASDAQ: SLXP).

Salix Pharma will now make its way over to the S&P MidCap 400.

DXP Enterprises (NASDAQ: DXPE) will replace True Relgion (NASDAQ: TRLG) in the S&P SmallCap 600. True Religion is being acquired by Towerbrook.

The above changes will take effect after the market closes on Tuesday, July 30th.