Vicor To Join S&P SmallCap 600, Replacing CIRCOR
Portfolio Pulse from Benzinga Newsdesk
Vicor Corporation will be joining the S&P SmallCap 600, replacing CIRCOR International, which is being acquired by KKR & Co. Inc. The transaction is expected to close on October 18.
October 17, 2023 | 9:20 pm
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POSITIVE IMPACT
Vicor Corporation is joining the S&P SmallCap 600, which could increase its visibility and potentially its stock price.
Joining the S&P SmallCap 600 often leads to increased visibility and liquidity, which can positively impact a company's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
KKR & Co. Inc. is acquiring CIRCOR International, which could potentially impact its stock price.
Acquisitions can have various impacts on a company's stock price, depending on the terms of the deal, the market's perception of the acquisition, and other factors.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
CIRCOR International is being acquired by KKR & Co. Inc. and will be removed from the S&P SmallCap 600.
Being acquired and removed from an index can lead to uncertainty and potential short-term volatility in a company's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100