Intuitive Surgical (ISRG) Trades Higher After Being Named to the S&P 500
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After the close, S&P announced that Intuitive Surgical Inc. (NASDAQ: ISRG) will replace The Bear Stearns Companies Inc. (NYSE: BSC) in the S&P 500.
Bear Stearns is being acquired by S&P 500 and S&P 100 constituent JPMorgan Chase & Co. (NYSE: JPM) in a deal expected to close before the open of trading on June 2, pending final approvals.
Shares of Intuitive Surgical are up 3.5% in after-hours action following the news.
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