Casey’s General Stores (CASY) Shares Jump 4% Following S&P 500 Inclusion Announcement
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Casey's General Stores will join the S&P 500 index on April 9, replacing Hologic after its acquisition by Blackstone and TPG. The company's shares jumped over 4% in extended trading hours following the announcement, reflecting its consistent operational excellence and strong financial performance.
Casey's General Stores will join the S&P 500 index on April 9. The company replaces Hologic, which is being acquired by private equity firms Blackstone and TPG. Casey's shares climbed over 4% in extended trading hours after the announcement. The company has exceeded analyst earnings forecasts for eight consecutive quarters. Its latest quarterly revenue was $3.92 billion, with comparable-store inside sales advancing 4.0% year-over-year. DigitalOcean will move from the SmallCap 600 to the MidCap 400, while Broadstone Net Lease will enter the SmallCap 600.
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