Okta Inc. will replace Berry Global Group Inc. (NYSE: BERY) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, May 1. S&P 500 constituent Amcor plc (NYSE: AMCR) is acquiring Berry Global Group in a deal expected to close soon, pending final closing conditions.
Okta shares jumped 4% in overnight trading.
Following is a summary of the changes that will take place prior to the open of trading on the effective date: