DexCom and Domino's Pizza to Join S&P 500; Salesforce.com to Join S&P 100
May 06 2020 - 6:16PM
Dow Jones News
By Maria Armental
DexCom Inc. will replace Allergan PLC in the S&P 500 index
and Salesforce.com Inc. will replace the Botox maker in the S&P
100 before trading opens on May 12, according to S&P Dow Jones
Indices.
The S&P 100 includes the 100 largest publicly traded
companies in the U.S.
The Federal Trade Commission voted 3-2 along party lines Tuesday
to approve a proposed settlement that would clear the way for
AbbVie Inc. to acquire Allergan.
Meanwhile, Domino's Pizza Inc. will replace Capri Holdings Ltd.
in the S&P 500 and Store Capital Corp. take Domino's spot in
the S&P MidCap 400, while Capri Holdings will replace Acorda
Therapeutics Inc. in the S&P SmallCap 600.
Shares of companies that join the S&P 500 often rise as
portfolio managers who track the index buy shares.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
May 06, 2020 18:01 ET (22:01 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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