MSCI (MXB) S&P MidCap 400 Addition Will Put It on the Map
MSCI Inc. (NYSE: MXB) looks to be a big mover today on news it will replace Priceline (Nasdaq: PCLN) in the S&P MidCap 400. Priceline is moving to the S&P 500, replacing Schering-Plough.
MSCI is a lightly followed stock, so this move could put it on the radar of many a fund manger.
Earlier in the month, Stephen Mandel's Lone Pine Capital hedge fund disclosed a 5.5%, or 5,476,525 share, stake in the company, as StreetInsider.com noted here.
MSCI is a lightly followed stock, so this move could put it on the radar of many a fund manger.
Earlier in the month, Stephen Mandel's Lone Pine Capital hedge fund disclosed a 5.5%, or 5,476,525 share, stake in the company, as StreetInsider.com noted here.
You May Also Be Interested In
- Morgan Stanley (MS) Shares Pressured on Questionable Facebook (FB) Tactics; Hits Fresh 6-Month Low
- Office Depot (ODP) Volatility Up into Late-Session Move Higher
- Focus Media (FMCN) Slammed As Major Short Seller Calls 'Fraud'
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkRelated Entities
Lone Pine Capital, Standard & Poor's, Hedge Funds, 13GSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
