Sandisk to Join S&P 500 Index

<p>Sandisk is joining the prestigious S&amp&semi;P 500 index next week&period;<&sol;p>&NewLine;<p>Sandisk&comma; based in Milpitas&comma; is a maker of memory cards and flash drives&period; The company split from Western Digital in February to trade as an independent company&period;<&sol;p>&NewLine;<p>S&amp&semi;P Dow Jones Indices said it will make the following changes to the S&amp&semi;P 500&comma; S&amp&semi;P SmallCap 600&colon;<&sol;p>&NewLine;<p>• S&amp&semi;P Small Cap 600 constituent Sandisk Corp&period; &lpar;NASD&colon; SNDK&rpar; will replace The Interpublic Group of Companies Inc&period; &lpar;NYSE&colon; IPG&rpar; in the S&amp&semi;P 500&comma; and PTC Therapeutics Inc&period; &lpar;NASD&colon; PTCT&rpar; will replace Sandisk in the S&amp&semi;P SmallCap 600 effective prior to the opening of trading on Friday&comma; November 28&period; S&amp&semi;P 500 constituent Omnicom Group Inc&period; &lpar;NYSE&colon; OMC&rpar; is acquiring The Interpublic Group of Companies in a deal expected to close soon&comma; pending final conditions&period;<&sol;p>&NewLine;<p>• Upwork Inc&period; &lpar;NASD&colon; UPWK&rpar; will replace Premier Inc&period; &lpar;NASD&colon; PINC&rpar; in the S&amp&semi;P SmallCap 600 effective prior to the open of trading on Friday&comma; November 28&period; Patient Square Capital is acquiring Premier in a deal expected to be completed November 25&comma; pending final closing conditions&period;<&sol;p>&NewLine;<p>• First Interstate BancSystem Inc&period; &lpar;NASD&colon; FIBK&rpar; will replace Hanesbrands Inc&period; &lpar;NYSE&colon; HBI&rpar; in the S&amp&semi;P SmallCap 600 effective prior to the opening of trading on Tuesday&comma; December 2&period; Gildan Activewear &lpar;TMX&sol;NYSE&colon; GIL&rpar; is acquiring Hanesbrands in a deal expected to be completed December 1&comma; pending final closing conditions&period;<&sol;p>&NewLine;

Editor

Chai Discovery Raises $130 Million

SAN FRANCISCO -- Chai Discovery, the AI company that predicts and reprograms the interactions between…

6 days

Nirvana Lands $100 Million Series D

SAN FRANCISCO -- Nirvana Insurance, an AI-native commercial insurer, has secured a preemptive $100 million…

2 weeks

Kargo Scores $42 Million Series B

SAN FRANCISCO -- Kargo, a provider of industrial artificial intelligence (AI) technology for supply chain…

2 weeks

Instacart to Pay $60 Million to Settle FTC Lawsuit

The Federal Trade Commission announced that grocery delivery provider Instacart will pay $60 million in…

2 weeks

ServiceNow to Buy Armis for $7.75 Billion

SANTA CLARA -- ServiceNow has agreed to buy Armis for $7.75 billion in cash. Armis…

2 weeks

Six Companies Added to Nasdaq 100

The Nasdaq stock market has reformulated the list of 100 companies in the Nasdaq-100 Index…

2 weeks