MSG Rangers and Huron Consulting Group to join S&P SmallCap 600
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- MSG Rangers (MSGR) will join the S&P SmallCap 600 effective before the market opens on October 27, replacing Arbor Realty Trust (ABR), which will be removed effective before the market opens on October 28.
- Huron Consulting Group (HURN) will join the index effective before the market opens on November 2, replacing Supernus Pharmaceuticals (SUPN).
- MSG Rangers' inclusion follows its planned spin-off from Madison Square Garden Sports (MSGS), which will be renamed MSG Knickerbockers (MSGK) and remain in the index.
- Supernus Pharmaceuticals (SUPN) is being acquired by Indivior Pharmaceuticals (INDV), with the deal expected to close soon, subject to final closing conditions.
- S&P Dow Jones Indices said Arbor Realty Trust (ABR) is no longer representative of the small-cap market.
- Huron Consulting Group (HURN) surged 3.11% to $199.36, while Madison Square Garden Sports (MSGS) gained 3.07% to $401.43 during after-market hours on Thursday.
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