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

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 [...]

This entry was posted on June 26, 2012 at 9:28 am and is filed under Stocks. You can follow any responses to this entry through the RSS 2.0 feed.