Golden Entertainment jumps on S&P SmallCap inclusion; Molina Healthcare to join S&P 500

Golden Entertainment

28/02/2022 14:58

** Golden Entertainment Inc's  GDEN.O  shares up 11.8% at
$57.54 as co set to join S&P 600 SmallCap index  .SPSY  this
week
    ** GDEN on track for biggest one-day pct advance since last
May, extending gain over the past year to >140%
    ** Casino operator to replace Range Resources  RRC.N  in
SPSY effective Weds, Mar 2  urn:newsml:reuters.com:*:nPn17nz56a
    ** In turn, oil & gas producer RRC elevating to S&P MidCap
 .IDX , replacing Molina Healthcare  MOH.N 
    ** Managed healthcare firm MOH to replace IHS Markit Ltd
 INFO.N , which completed $44 bln merger with business info
provider S&P Global Inc  SPGI.N  on Mon  urn:newsml:reuters.com:*:nL4N2IG0BL
    ** Shares of MOH slip 4.8% to $303.15 on the session amid
overall market weakness
    ** Cos that join the S&P 500 typically see their shares rise
as actively managed funds benchmarking the index buy shares
    ** MOH's stock now off ~5% YTD, but up ~40% in past 12
months

 (Lance Tupper is a Reuters market analyst. The views expressed
are his own)
 ((lance.tupper@thomsonreuters.com
lance.tupper@tr.com 1-332-219-1430))