S&P Announces Changes to US Indices: TSCO for OSIP in S&P MidCap 400, HITK for TSCO in SmallCap 600
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S&P SmallCap 600 constituent Tractor Supply Co. (NASDAQ: TSCO) will replace OSI Pharmaceuticals Inc. (NASDAQ: OSIP) in the S&P MidCap 400 index, and Hi-Tech Pharmacal Co., Inc. (NASDAQ: HITK) will replace Tractor Supply in the S&P SmallCap 600 index after the close of trading on Wednesday, June 2. OSI Pharmaceuticals is being acquired by S&P Global 1200 constituent Astellas Pharma Inc. in a cash tender offer expected to be completed on or about that date.
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