Quorum, Maiden Holdings touch record lows on their way out of S&P

Kestrel

11/03/2019 14:50

** Shares of hospital operator Quorum Health  QHC.N  and
reinsurer Maiden Holdings Ltd  MHLD.O  fall to their record lows
after news on Friday that they will be replaced on the S&P
SmallCap 600  .SPCY 
    ** QHC, down 24.3 pct at $1.78, is the biggest pct loser on
the SPCY, followed by MHLD, down 20.3 pct at $0.70 
    ** S&P Dow Jones Indices said Maiden and QHC, which were
both ranked near the bottom of the SPCY, would be replaced by
Diamond Offshore Drilling Inc  DO.N  and Big Lots Inc  BIG.N  on
March 18 urn:newsml:reuters.com:*:nL3N20V4FH
    ** DO and BIG in turn were replaced on the S&P MidCap 400
index  .IDX  by XPO Logistics Inc  XPO.N  and Colfax Corp
 CFX.N ; BIG down 1.4 pct at $35.66  
    ** QHC's stock has fallen ~71 pct. while MHLD stock had
fallen nearly 89 pct in the past 12 months 

 (Reporting by Manas Mishra in Bengaluru)
 ((Reuters Messaging:
manas.mishra.thomsonreuters.com@reuters.net))