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Willis Group, Adeptus Health Moving After Stocks Join S&P 500 And S&P SmallCap 600 Respectively

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Shares of Willis Group Holdings Limited (NYSE: WSH) traded up more than 2 percent during the after-hours session Monday -- and are up more than 4 percent on Tuesday -- following news out of S&P Dow Jones Indices the company's stock will be added to the illustrious S&P 500 index.

The change will take place after the close of trading on Monday, January 4.

Willis Group will be replacing Fossil Group Inc (NASDAQ: FOSL), which will be bumped down to the S&P MidCap 400. Fossil, in turn, will be replacing Towers Watson, which is being merged with none other than Willis Group.

The S&P release mentioned the combined Willis Group plus Towers Watson entity will trade under company name Willis Towers Watson plc and ticker symbol "WLTW."

Also in the release, S&P announced Adeptus Health Inc (NASDAQ: ADPT) will be replacing Ferroglobe plc (NASDAQ: GSM) in the S&P SmallCap 600 index.

Adeptus Health is up nearly 7 percent on Tuesday morning.

Posted-In: S&P 500 S&P Small Cap 600News Movers

 

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