Shares of COMSCORE, Inc. SCOR were trading higher by nearly 4 percent late Tuesday morning after S&P Dow Jones Indices announced the company's stock will be added to the S&P MidCap 400 index.
ComScore's pending acquisition of Rentrak Corporation RENT will result in a new entity with a sufficient market capitalization that is "more representative" of the mid-cap market space.
Chemours Co CC' stock will replace ComScore's in the S&P SmallCap 600 as its current market capitalization is "more representative of the small-cap market space."
Shares of Chemours were trading lower by nearly 3 percent at $3.39 by early Tuesday afternoon.
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