澳洲幸运5开奖号码历史查询

Instacart Is Joining the S&P MidCap 400. Its Stock Is Rising.

By
澳洲幸运5开奖号码历史查询:David Marino-Nachison
澳洲幸运5开奖号码历史查询:Full Bio
Before joining Investopedia, David Marino-Nachison was an editor at The Wall Street Journal focused mainly on daily markets and investing news. He also worked on The Journal’s publishing desk; as a writer and editor covering stocks at Barron’s; as an editor of features at MarketWatch; and on product development efforts at The Journal. 
Learn about our 澳洲幸运5开奖号码历史查询:editorial policies
Published January 08, 2025
10:36 AM EST
A display of Instacart gift cards

Lindsey Nicholson / UCG / Universal🍨 I✤mages Group via Getty Images

Key Takeaways

  • Instacart's stock rose on the news that it would join the S&P MidCap 400 index.
  • The change, set for next week, will pair with the removal of Enovis, which is moving to the SmallCap 600.
  • Instacart's stock has about doubled over the past 12 months.

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.ౠ 

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 澳洲幸运5开奖号码历史查询: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 澳洲幸运5开奖号码历史查询:create Core Natural Resources. 

Shares of Enovis were up more than 1% in morning trading.

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