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MP Materials Set to Join S&P MidCap 400

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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