MP Materials Corp. (NYSE:MP) will replace Sanderson Farms Inc. (NASD:SAFM) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, July 27. Cargill and Continental Grain acquired Sanderson Farms in a deal that closed today.
Following is a summary of the change that will take place prior to the open of trading on the effective date:
Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
July 27, 2022 | S&P MidCap 400 | Addition | MP Materials | MP | Materials |
S&P MidCap 400 | Deletion | Sanderson Farms | SAFM | Consumer Staples |
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