Shares of Instacart rose Wednesday on the news that the food-delivery stock will join a new index.
Instacart's stock was recently up about 4.5%. The rise followed the announcement last yesterday that the company, also known as Maplebear (CART), will join the S&P MidCap 400 index starting with next Tuesday's session, replacing Enovis (ENOV). Shares of Instacart are have nearly doubled over the past 12 months.
Instacart separately said Wednesday that it would partner with Ulta Beauty (ULTA) to deliver the latter company’s beauty products nationwide. Ulta's shares were recently down more than 2%; the company recently said its CEO would retire.
Enovis will move to the SmallCap 600 index, replacing Arch Resources (ARCH), which is soon expected to be acquired by Consol Energy (CEIX) and create Core Natural Resources.
Shares of Enovis were up more than 1% in morning trading.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。