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Index Shuffling: Snyder's-Lance Will Replace California Resources In S&P MidCap 400, AMAG Pharma To Replace Diamond Foods In SmallCap 600

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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 (NASDAQ: LNCE) will replace California Resources Corp (NYSE: CRC) in the S&P MidCap 400 index due to its low stock price and market capitalization. Trex Company, Inc. (NYSE: 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. (NASDAQ: 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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Posted-In: S&P Dow Jones Indices S&P MidCap 400 S&P SmallCap 600News