MGIC Investment (MTG) & Halozyme Therapeutics (HALO) Set to Join S&P MidCap 400; First Bancorp (FBNC), The Geo Group (GEO) & Mednax (MD) to Join S&P SmallCap 600
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S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and SmallCap 600 effective prior to the opening of trading on Friday, November 13:
First Bancorp (NASDAQ: FBNC) will replace AMAG Pharmaceuticals Inc. (NASDAQ: AMAG) in the S&P SmallCap 600. Covis Group is acquiring AMAG Pharmaceuticals in a deal expected to be completed soon pending final conditions.
MGIC Investment Corp. (NYSE: MTG) will replace The Geo Group Inc. (NYSE: GEO) in the S&P MidCap 400, and The Geo Group will replace Gulfport Energy Corp. (NASDAQ: GPOR) in the S&P SmallCap 600. Halozyme Therapeutics Inc.(NASDAQ: HALO) will replace Mednax Inc. (NYSE: MD) in the S&P MidCap 400, and Mednax will replace Washington Prime Group Inc. (NYSE: WPG) in the S&P SmallCap 600. The GEO Group and Mednax are more representative of the small-cap market space. Gulfport Energy and Washington Prime Group are no longer representative of the small-cap market space.
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