Newell Brands falls as Airbnb to replace co in S&P 500 index

Universal Insurance Holdings

01/09/2023 23:23

** Shares of Sharpie maker Newell Brands  NWL.O  fall ~3% to
$10.39 in extended trading
    ** S&P Dow Jones Indices says Airbnb  ABNB.O  will replace
Newell in the S&P 500 index  .SPX  before the start of trading
on Sept. 18
    ** Says NWL will replace Universal Insurance Holdings
 UVE.N  in the S&P Small Cap 600  .SPCY 
    ** ABNB shares climb 5.1% following the news
    ** As of Friday's close, NWL stock down 18.1% YTD

 (Reporting by Granth Vanaik in Bengaluru)
 ((Granth.Vanaik@thomsonreuters.com; Twitter: https://twitter.com/Vanaik_Granth;))