Seagate Added To S&P 500 Stock Index; Shrs Rally

June 26, 2012

Seagate shares are trading higher Tuesday morning after Standard & Poor’s late yesterday announced that the disk-drive maker’s shares have been added to the S&P 500 stock index. The company replaces Progress Energy, which is being acquired by Duke Energy. When stocks are added to the index, it forces index funds [...]

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